{"data":{"id":"us-az/a.r.s.-10-1325","jurisdiction":"us-az","citation":"A.R.S. § 10-1325","heading":"Payment","body":"A. Except as provided in section 10-1327, as soon as the proposed corporate action is taken, or if such action is taken without a shareholder vote, on receipt of a payment demand, the corporation shall pay each dissenter who complied with section 10-1323 the amount the corporation estimates to be the fair value of the dissenter's shares plus accrued interest.\n\nB. The payment shall be accompanied by all of the following:\n\n1. The corporation's balance sheet as of the end of a fiscal year ending not more than sixteen months before the date of payment, an income statement for that year, a statement of changes in shareholders' equity for that year and the latest available interim financial statements, if any.\n\n2. A statement of the corporation's estimate of the fair value of the shares.\n\n3. An explanation of how the interest was calculated.\n\n4. A statement of the dissenter's right to demand payment under section 10-1328.\n\n5. A copy of this article.","path":["Title 10 Corporations and Associations"],"source_url":"https://www.azleg.gov/ars/10/01325.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"b8ea87bd0edf12f79d98bff3062555681ea1a8c0d0184191b1a758801f68c002","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-10-1324","next":"us-az/a.r.s.-10-1326"},"notice":"GroundRules: Original legal text. Not legal advice."}