{"data":{"id":"us-az/a.r.s.-10-2706","jurisdiction":"us-az","citation":"A.R.S. § 10-2706","heading":"Application","body":"A. This chapter applies only to issuing public corporations and to corporations which elect pursuant to subsection C of this section to be subject to:\n\n1. All of the provisions of this article.\n\n2. All of the provisions of article 2 of this chapter.\n\n3. All of the provisions of article 3 of this chapter.\n\n4. Any combination of paragraph 1, 2 or 3.\n\nB. A corporation may not elect to be subject to less than all of the provisions in any article of this chapter. A corporation which elects to be subject to all or part of this chapter pursuant to subsection C of this section, for purposes of applying the provisions of this chapter or part of this chapter, shall be deemed an issuing public corporation.\n\nC. An election by a corporation pursuant to subsection A of this section must be contained either:\n\n1. In its articles of incorporation at the time of incorporation.\n\n2. In an amendment to its articles of incorporation or bylaws which is approved by the shareholders holding a majority of the outstanding voting power of all shares.","path":["Title 10 Corporations and Associations"],"source_url":"https://www.azleg.gov/ars/10/02706.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"b91530f28f4970f944be8ea4b91453fb841dc609b8d9bc9001b65dec50c1f1e4","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-10-2705","next":"us-az/a.r.s.-10-2721"},"notice":"GroundRules: Original legal text. Not legal advice."}