{"data":{"id":"us-az/a.r.s.-10-809","jurisdiction":"us-az","citation":"A.R.S. § 10-809","heading":"Removal of directors by judicial proceeding","body":"A. The court in the county where a corporation's known place of business or, if none in this state, its statutory agent is located may remove a director of the corporation from office in a proceeding commenced either by the corporation or by its shareholders holding at least ten per cent of the outstanding shares of any class if the court finds that both:\n\n1. The director engaged in fraudulent conduct or intentional criminal conduct with respect to the corporation.\n\n2. Removal is in the best interest of the corporation.\n\nB. The court that removes a director may bar the director from reelection for a period prescribed by the court, but in no event may the period exceed five years.\n\nC. If shareholders commence a proceeding under subsection A, they shall make the corporation a party defendant, unless the corporation elects to become a party plaintiff.","path":["Title 10 Corporations and Associations"],"source_url":"https://www.azleg.gov/ars/10/00809.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"0cb68ec5801e7ccfda6a28d2ae8b7a098764fcc68bd6312df5bd7cb26dc1aa3b","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-10-808","next":"us-az/a.r.s.-10-810"},"notice":"GroundRules: Original legal text. Not legal advice."}
