reglab/housing_qa huggingface dataset:
AZ Rev Stat § 10-11634 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-11634 - Information disclosed by interrogatories

10-11634.  Information disclosed by interrogatories Interrogatories propounded by the commission and the answers to the interrogatories shall not be open to public inspection and the commission shall not disclose any facts or information obtained from the interrogatories and answers except if its official duty requires the facts or information to be made public or if the interrogatories or the answers are required for evidence in any criminal proceeding or in any other action by this state.
AZ Rev Stat § 10-11635 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-11635 - Certified copies received in evidence

10-11635.  Certified copies received in evidence All copies of documents delivered to and filed by the commission in accordance with chapters 24 through 40 of this title when certified by it shall be taken and received in all courts,  public offices and official bodies as prima facie evidence of the facts stated in the documents. A certificate by the commission under seal as to the existence or nonexistence of the facts relating to corporations shall be taken and received in all courts,  public offices and official bodies as prima facie evidence of the existence or nonexistence of the facts stated in the certificate.
AZ Rev Stat § 10-11636 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-11636 - Civil liability for false or misleading filings; exceptions

10-11636.  Civil liability for false or misleading filings;  exceptions A. Except as provided in subsection C or D of this section,  any person that authorizes or signs a report,  certificate,  notice or other document with respect to a corporation that is delivered for filing with the commission pursuant to this chapter and that has knowledge at the time of delivery to the commission for filing that the information contained in that report,  certificate,  notice or other document is materially false or misleading is liable to the corporation and its creditors for all damages resulting from the act. The prevailing party in an action for the liability imposed under this subsection is entitled to an award for the prevailing party's costs and reasonable attorney fees. B. An action for the liability imposed by subsection A of this section must be commenced within two years after the discovery of the false or misleading statement or the time a reasonable person would have discovered it,  but not later than six years after the report,  certificate,  notice or other document was filed or received by the commission. C. Execution of a consent to serve as a statutory agent does not by itself constitute a certification of the truth or accuracy of the information contained in a report,  certificate,  notice or other document with respect to the corporation even if the consent is attached to another filing. D. This section does not prevent the award of equitable remedies,  if appropriate.
AZ Rev Stat § 10-1701 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1701 - Application to existing domestic corporations

10-1701.  Application to existing domestic corporations A. Except as provided in subsection B,  beginning January 1,  1996 chapters 1 through 17 of this title apply to all Arizona corporations that were incorporated under or that were subject to chapter 1,  articles 1 through 12 of this title on December 31,  1995. B. Beginning January 1,  1996,  any existing corporation that was originally organized under the laws of the territory of Arizona may elect to amend or restate its articles of incorporation and retain any previously valid provisions of its articles of incorporation,  even if the previously valid provisions of its articles of incorporation are in conflict with any provisions of chapters 1 through 17 of this title. Upon such amendment or restatement,  all of the provisions of chapters 1 through 17 of this title which are not specifically in conflict with the amended or restated articles of incorporation shall be applicable to the existing corporations that were originally organized under the laws of the territory of Arizona. The previously valid provisions of its articles of incorporation that are retained shall apply to the existing corporations originally organized under the laws of the territory of Arizona and to all persons contracting or in any manner dealing with the corporation,  including its shareholders,  subscribers,  affiliates,  directors,  officers and employees.
AZ Rev Stat § 10-1702 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1702 - Application to qualified foreign corporations

10-1702.  Application to qualified foreign corporations A foreign corporation authorized to transact business in this state on January 1,  1996 is subject to chapters 1 through 17 of this title but is not required to obtain a new certificate of authority to transact business under chapters 1 through 17 of this title.
AZ Rev Stat § 10-1801 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1801 - Law applicable to close corporations

10-1801.  Law applicable to close corporations Close corporations organized pursuant to this article are subject to the provisions of chapters 1 through 17 of this title except insofar as this article modifies or differs from such provisions,  in which case this article prevails. This article shall be applicable to all close corporations except insofar as this article otherwise provides. This article shall be construed to simplify the management,  structure and operations of close corporations.
AZ Rev Stat § 10-1802 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1802 - Definitions

10-1802.  Definitions In this article,  unless the context otherwise requires: 1. " Capital units"  means the proportions of the proprietary interest in the corporation owned by the investors. 2. " Commission"  means the Arizona corporation commission. 3. " Corporation"  or " close corporation"  means a corporation for profit organized pursuant to the provisions of this article. 4. " Good faith"  or " in good faith"  means an act or thing done when it is in fact done honestly,  whether it be done negligently or not. 5. " Investor"  means one who is the owner of capital units in a close corporation. 6. " Manager"  means the person or persons named in the articles of incorporation either originally or by amendment thereto in the capacity of manager or assistant manager and does not include any person who is not so named.
AZ Rev Stat § 10-1803 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1803 - Mandatory provisions of articles of incorporation

10-1803.  Mandatory provisions of articles of incorporation A. The articles of incorporation of a close corporation shall set forth: 1. The name of the corporation which shall contain the words " Arizona close corporation"  or an abbreviation therefor. 2. The name and address of the manager or managers of the corporation. 3. The names,  addresses and amount of initial contribution of capital units of each of the original investors. The number of original investors shall not exceed ten. 4. The aggregate amount in dollars of the initial capital units to be paid to the corporation. 5. The name,  address and signature of the corporation's initial statutory agent. B. It shall not be necessary to set forth in the articles of incorporation any corporate powers or any corporate purposes.
AZ Rev Stat § 10-1804 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1804 - Optional provisions of articles of incorporation

10-1804.  Optional provisions of articles of incorporation The articles of incorporation of a close corporation may set forth any of the following: 1. The period of duration,  if less than perpetual. 2. Any restrictions on the authority of the manager or managers of the close corporation. 3. Any reservations of authority to the investors. 4. Any restriction on the power of any investor to sell,  to transfer or to create a security interest in his capital units. No restriction on the power to sell,  transfer or create a security interest shall be binding except as to persons who have actual knowledge thereof unless such restriction is set forth in the articles of incorporation. 5. Any restriction on the subsequent issuance of additional capital units. 6. If any preemptive right is to be granted to investors,  the provisions therefor. 7. Whether the corporation will have the power to acquire its capital units and if so any restrictions or limitations thereon. If no power to acquire its capital units is set forth in the articles of incorporation,  the corporation may not acquire any of its outstanding capital units. 8. Any provisions which provide for arbitration or other non-judicial procedure seeking resolution of any dispute as provided in section 10-1806. 9. Any provision for replacement or succession of a manager inconsistent with section 10-1805,  subsection D. 10. Any provision which either relieves the manager entirely of the obligation to make accountings to investors or which modifies the period or form of such accounting in a manner inconsistent with section 10-1805,  subsection E. 11. Any provision for annual or other periodic meetings of investors. If no such provision is set forth in the articles of incorporation,  there shall be no requirement for meetings for investors. 12. Any requirement for bond or other security to be given to the corporation by a manager to secure the faithful performance of his duties. 13. Any restrictions upon competition by investors directly or indirectly with the business of the corporation. 14. Any provision for delegation of his authority by a manager. 15. Any provision for a dissolution option pursuant to section 10-1807. 16. Any provision for varying relationships among investors as to relative rights in capital units. 17. Any other provisions which are consistent with law and which the incorporators elect to set forth.
AZ Rev Stat § 10-1805 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1805 - Managers

10-1805.  Managers A. All managers named in the articles of incorporation shall be natural persons. It is the purpose of this article that the corporation be operated on a day-to-day basis by one manager,  by managers having divided functions or by assistant managers who can serve either as alternates to the manager or assume some portion of managerial responsibility. As among the corporation,  its investors and any manager,  there shall be no limitations on the authority of a manager unless specifically limited by provisions of the articles of incorporation,  the written employment contract of such manager or the records of the corporation evidencing the acts of the investors. Any person other than a manager or investor who deals in good faith with the corporation is not subject to any limitation on the authority of any manager,  even though such manager's authority is expressly limited in the articles of incorporation. B. No manager may delegate any of his authority to any other agent,  employee or representative of a corporation unless authority to do so is contained in the articles of incorporation or is granted by act of the investors. C. Any manager shall have the same rights,  duties,  obligations and privileges as a person who is both a director and officer of a corporation for profit under the provisions of chapters 1 through 17 of this title and the other articles of this chapter,  except as specifically modified in this article. D. Any manager may be replaced or succeeded by a new manager at any time by a majority of the voting power of the investors,  unless otherwise provided by the articles of incorporation. Such replacement shall be effective when a certificate of change of manager,  sworn under oath by an investor,  is filed with the commission stating the name of the replaced manager and the name and address of the new manager and that such new manager was elected by the required vote. E. Unless the articles of incorporation or vote of the investors provide otherwise,  a manager shall mail to each investor an annual accounting which complies with section 10-1622. Such annual accounting shall be mailed or delivered to the investors within thirty days after the date filing is required with the commission by section 10-1622. Such annual accounting shall be acknowledged by the manager or certified by an independent public accountant.
AZ Rev Stat § 10-1806 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1806 - Settlement of disputes; arbitration

10-1806.  Settlement of disputes;  arbitration The articles of incorporation may provide for arbitration of any deadlock or dispute involving the internal affairs of the corporation. To the extent the articles of incorporation do not provide to the contrary,  such arbitration shall be governed by title 12,  chapter 21. Unless otherwise provided in the articles of incorporation,  if the arbitrators determine that such deadlock or dispute either impairs or threatens to impair the value of the assets or continued conduct of the business of the corporation,  the arbitrators may appoint a conservator or interim manager to preserve the business and assets of the corporation or to continue the operation of the business of the corporation,  or both,  during the pendency of such arbitration proceedings. If such arbitrators appoint a conservator or interim manager,  the arbitrators may suspend,  revoke or nullify the authority of any existing manager or managers. The articles of incorporation may also provide that the arbitrators may suspend,  revoke or nullify the employment or any employment contract of any existing manager or managers without payment of compensation and without liability for damages or breach of contract. Unless provided otherwise in the articles of incorporation,  the arbitrators may define the authority and set the compensation of the conservator or interim manager,  and shall immediately file a certificate of the appointment of such conservator or interim manager with the commission. Such arbitration proceedings shall not supersede the power of the superior court of Arizona to appoint an interim manager under section 10-1814. A court appointed interim manager shall replace any conservator or interim manager appointed under this section.
AZ Rev Stat § 10-1807 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1807 - Option to dissolve

10-1807.  Option to dissolve A. The articles of incorporation of any corporation may include a provision granting to any investor or investors an option to have the corporation dissolved at will or upon the performance or occurrence of any specified event or contingency. Whenever any such option to dissolve is exercised,  the investor or investors exercising such option shall give written notice thereof to all other investors. After the expiration of thirty days following the mailing of such notice,  the dissolution of the corporation shall proceed as if the required vote power had consented to the dissolution of the corporation as provided by section 10-1402. B. If the articles of incorporation as originally filed do not contain a provision authorized by subsection A of this section,  the articles of incorporation may be amended to include such provision if adopted by the affirmative vote of all investors. If the articles of incorporation as originally filed contain a provision authorized by subsection A of this section,  such provision may be amended only by the affirmative vote of all investors. C. Sections 10-1401,  10-1402 and 10-1801 shall be applicable to voluntary dissolution notwithstanding the reference in subsection A of this section to section 10-1402.
AZ Rev Stat § 10-1808 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1808 - Purposes

10-1808.  Purposes Close corporations may be organized under this article for any lawful purpose or purposes except for those purposes set forth in titles 6,  20 or 40.
AZ Rev Stat § 10-1809 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1809 - Capital units, transfers and encumbrances

10-1809.  Capital units,  transfers and encumbrances A. Until a statement substantially in the form set forth in subsection B of this section has been filed with the commission,  any transfer,  hypothecation,  other voluntary encumbrance or security interest in or of any capital unit or units shall be void as to creditors and subsequent purchasers for valuable consideration without notice. B. The statement of transfer,  hypothecation or other voluntary encumbrance or security interest in or of any capital unit or units in a close corporation shall be acknowledged and be substantially in one of the following forms: 1. Transfer: On the ___________________ day of _______________,  _____________,  the undersigned (name of transferor) transferred to (name of transferee),  whose address is (address of transferee) (all or a stated percentage) of the undersigned's interest in the capital units of (name of corporation),  an Arizona close corporation.  (signature of transferor)  acknowledgment 2. Hypothecation,  other voluntary encumbrance or security interest: On the __________ day of _______________,  ___________,  the undersigned (name of debtor) hypothecated and voluntarily encumbered to (name of creditor) (all or a stated percentage) of the undersigned's interest in the capital units of (name of corporation) ,  an Arizona close corporation.  (signature of debtor)  acknowledgment C. Sections 47-8101 through 47-8407 and title 47,  chapter 9,  articles 3,  4 and 5 do not apply to any hypothecation,  other voluntary encumbrance or any creation of a security interest in or of capital units of a close corporation. Title 47,  chapter 9,  article 6 applies to defaults and the rights and remedies for the enforcement of defaults.
AZ Rev Stat § 10-1810 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1810 - Definition of relative rights of capital units

10-1810.  Definition of relative rights of capital units " Relative rights of capital units"  means all the rights,  privileges,  obligations and duties of the capital units and may include,  but are not limited to,  disproportionate variations of the following: 1. Participation in dividends or distributions from operating income. 2. Participation in dividends or distributions from income other than operating income. 3. Participation in distributions of the proceeds of a sale of all or substantially all of the assets of the corporation with further disproportionate variation depending upon the degree of gain or loss. 4. Participation in distributions upon liquidation or dissolution. 5. Voting rights. 6. Restrictions or limitations on transfer. 7. The obligation to perform services or provide goods or other property to the corporation. 8. The obligation to devote time and energies which are collateral to corporate purposes. 9. Assessments,  if any.
AZ Rev Stat § 10-1811 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1811 - Changes in investor relationships

10-1811.  Changes in investor relationships Any redemption,  termination or cancellation of capital units,  acquisition of capital units by the corporation,  issuance of additional units or change in the relative rights of capital units other than transfers or encumbrances provided for in section 10-1809 shall be effective only upon an amendment of the articles of incorporation. The unanimous vote of all outstanding capital units shall be required to amend the articles of incorporation to create or to change the relative rights in capital units.
AZ Rev Stat § 10-1812 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1812 - Variable relative rights

10-1812.  Variable relative rights The articles of incorporation may provide for varying relationships among investors as to relative rights in capital units. It is not necessary that each close corporation provide in its articles of incorporation for variable relative rights of capital units as enumerated in this section. Only those variable relative rights of capital units set forth in the articles of incorporation shall apply to the particular close corporation. When no provision is made in the articles of incorporation concerning a particular relative right of capital units,  then that particular relative right of capital units shall be proportionate to the dollar amount of the capital units.
AZ Rev Stat § 10-1813 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1813 - Limitation of liability

10-1813.  Limitation of liability The investors shall not be liable for the debts,  obligations or liabilities of the close corporation.
AZ Rev Stat § 10-1814 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1814 - Appointment of conservator

10-1814.  Appointment of conservator A. The superior court in the county in which the known place of business or statutory agent of the corporation is situated,  may in an action by any investor,  appoint a conservator or interim manager of the corporation if the court finds that a deadlock or dispute involving the internal affairs of the corporation impairs or threatens to impair the value of the assets or the continued conduct of the business of the corporation. Upon or subsequent to appointing such a conservator or interim manager,  the court may enter orders which,  despite any contract or provision of the articles of incorporation to the contrary: 1. Suspend,  revoke or nullify the authority,  in whole or in part,  of any existing manager or managers or any conservator or interim manager appointed pursuant to section 10-1806. 2. Define the authority of such conservator or interim manager. 3. Set the compensation of such conservator or interim manager to be paid by the corporation. 4. Resolve,  partially resolve or aid in the resolution of any such deadlock or dispute. B. When any order or appointment is issued pursuant to subsection A of this section,  the clerk of the court shall immediately supply a copy thereof to the commission.