{"data":{"id":"us-az/a.r.s.-10-2404","jurisdiction":"us-az","citation":"A.R.S. § 10-2404","heading":"Election of benefit corporation status","body":"A. An existing business corporation may become a benefit corporation under this chapter by amending its articles of incorporation so that they contain, in addition to the requirements of section 10-202, a statement that the corporation is a benefit corporation. In order to be effective, the amendment must be adopted by at least the supermajority status vote.\n\nB. If an entity that is not a benefit corporation is a party to a merger or the acquired entity in a share exchange, and the surviving or acquired entity in the merger or share exchange is to be a benefit corporation, the plan of merger or share exchange must be adopted by at least the supermajority status vote.","path":["Title 10 Corporations and Associations"],"source_url":"https://www.azleg.gov/ars/10/02404.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"447ed3ba9f85a9f0f557a903d099a384fee4fc92cb7a66966ce42e10c918e0eb","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-10-2403","next":"us-az/a.r.s.-10-2405"},"notice":"GroundRules: Original legal text. Not legal advice."}