reglab/housing_qa huggingface dataset:
AZ Rev Stat § 10-1815 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1815 - Involuntary dissolution or liquidation pursuant to court order

10-1815.  Involuntary dissolution or liquidation pursuant to court order The superior court shall have full power to liquidate the assets and business of a close corporation: 1. In an action filed by an investor when the court finds: (a) That a deadlock or dispute involving the internal affairs of the corporation,  continues to impair or threatens to impair the value of the assets or the continued conduct of the business of the corporation,  notwithstanding bona fide attempts to utilize the arbitration provisions in the articles of incorporation if available and the provisions of section 10-1814. (b) 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 and no provision is contained in the articles of incorporation for arbitration of such disputes and that it would be useless effort to invoke the provisions of section 10-1814. (c) That the investors are so divided respecting the management of the business and affairs of the corporation that either the corporation is suffering or will suffer irreparable injury,  or the business and affairs of the corporation can no longer be conducted to the advantage of the investors generally,  and the provisions of sections 10-1806 and 10-1814 are inapplicable. (d) That the corporation has abandoned its business and has failed within a reasonable period of time to take steps to dissolve and liquidate its affairs and distribute its assets. 2. In an action by a creditor of the corporation in the manner provided by section 10-1430,  subsection B. 3. In an action filed by the attorney general in the manner provided by section 10-1430,  subsection A.
AZ Rev Stat § 10-1816 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1816 - Court relief other than dissolution, liquidation or appointment of conservator

10-1816.  Court relief other than dissolution,  liquidation or appointment of conservator A. The superior court in an action filed either by an investor or by a creditor seeking relief under section 10-1815 shall have full power to make any such order or grant any such relief other than dissolution or liquidation as in its discretion it may deem appropriate including but not limited to: 1. Canceling,  altering or amending any provision contained in the articles of incorporation of such close corporation. 2. Directing,  prohibiting or enjoining any act of the corporation or other persons who are parties to the court action. 3. Providing for the purchase by the corporation or by other investors at their fair market value of the capital units or claims of the person bringing such action. B. Relief under this section may be granted even though the court does not find any of the elements prescribed for relief under section 10-1815.
AZ Rev Stat § 10-1817 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1817 - Merger, interest exchange, conversion, domestication or division; definitions

10-1817.  Merger,  interest exchange,  conversion,  domestication or division;  definitions A. A domestic close corporation may be a party to or otherwise undertake a merger,  an interest exchange,  a conversion,  a domestication or a division by complying with chapters 11 and 13 of this title and title 29,  chapter 6. For the purposes of this subsection: 1. References in chapters 11 and 13 of this title to: (a) " Directors"  are deemed references to managers. (b) " Shares"  are deemed references to capital units. (c) " Shareholders"  are deemed references to investors. 2. References in title 29,  chapter 6 to: (a) " Governors"  are deemed references to managers. (b) " Interest holders"  are deemed references to investors. (c) " Interests"  are deemed references to capital units. B. A plan of merger must be approved by all of the investors. C. A plan of conversion must be approved by at least two-thirds of the investors. D. A plan of interest exchange,  domestication or division must be approved by a majority of the investors. E. If a domestic close corporation is to be created in a merger,  a conversion,  a domestication or a division,  the number of investors in the corporation on the effective date of the transaction may not exceed ten investors. F. For the purposes of this section: 1. " Conversion"  means a transaction authorized by title 29,  chapter 6,  article 4. 2. " Division"  means a transaction authorized by title 29,  chapter 6,  article 6. 3. " Domestication"  means a transaction authorized by title 29,  chapter 6,  article 5. 4. " Interest exchange"  means a transaction authorized by title 29,  chapter 6,  article 3. 5. " Merger"  means a transaction authorized by title 29,  chapter 6,  article 2.
AZ Rev Stat § 10-1841 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1841 - Claim for unclaimed shares or dividends

10-1841.  Claim for unclaimed shares or dividends A. A person who is the owner,  or the heir,  devisee,  successor or assign of the owner,  of monies or securities acquired by the state pursuant to article XI,  section 8,  Constitution of Arizona,  as unclaimed shares or dividends of a corporation,  may file a verified claim for them with the department of administration alleging the nature of the claim and praying that the monies or shares be paid or delivered to him. B. Claims for monies or securities acquired before June 16,  1941 shall be filed within ten years after that date. Claims for monies or securities thereafter acquired shall be filed within twenty years after the date of acquisition. C. A claim filed under the provisions of this section shall be accompanied by the certificate of stock upon which it is based,  together with a statement signed and sworn to by the person having lawful custody of the books of the corporation,  stating that the claimant,  or his predecessor in interest,  appears on the books as the rightful owner of the stock. If the claimant is the heir,  devisee,  successor or assign of the owner shown on the books of the corporation,  he shall also make satisfactory proof of his claim of ownership.
AZ Rev Stat § 10-1842 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1842 - Payment of claim

10-1842.  Payment of claim A. If the department of administration is satisfied that the person making a claim,  as provided by section 10-1841,  is entitled to the monies or securities claimed,  the director of the department of administration shall approve the claim and order the department of revenue to deliver the securities to the claimant or draw a warrant for payment to the claimant of the money claimed,  as the case may be.  B. All monies acquired by the state as unclaimed shares or dividends of a corporation shall be deposited,  pursuant to sections 35-146 and 35-147,  into a clearing account from which payment of claims for the money may be made. The monies shall remain in the clearing account until the expiration of the period in which claims thereon may be filed,  as prescribed by section 10-1841,  and shall,  during such period,  be available for payment of such claims without further appropriation. On expiration of the claim period,  the monies shall be credited to the permanent state school fund.
AZ Rev Stat § 10-1843 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1843 - Court action upon refusal to pay claim

10-1843.  Court action upon refusal to pay claim In the event the director of the department of administration refuses to approve any claim presented as provided in section 10-1841,  the claimant may file a complaint in the superior court in Maricopa county,  and shall serve a copy thereof upon the attorney general,  alleging the nature of his claim and praying that the money or securities be paid or delivered to him. If the court finds for the plaintiff,  judgment shall be entered accordingly,  and the court shall certify the judgment to the director of the department of administration,  who shall thereupon issue the order or draw the warrant as provided in section 10-1842. Appeal may be taken from the judgment of the superior court as in other cases.
AZ Rev Stat § 10-1871 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1871 - Definitions

10-1871.  Definitions In this article,  unless the context otherwise requires: 1. " Business trust"  means an unincorporated association or trust of the type which at common law was known as a " business trust"  or " Massachusetts trust" ,  created by an instrument under which property is held and managed by trustees for the benefit and profit of such persons as are or may become the holders of transferable certificates evidencing beneficial interests in the trust estate.
AZ Rev Stat § 10-1872 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1872 - Classifications of business trusts

10-1872.  Classifications of business trusts Business trusts shall be either domestic or foreign. A domestic business trust is a business trust organized under the laws of this state. A foreign business trust includes every other business trust.
AZ Rev Stat § 10-1873 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1873 - Form of association authorized

10-1873.  Form of association authorized A business trust is permitted as a recognized form of association for the conduct of business within this state.
AZ Rev Stat § 10-1874 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1874 - Required delivery to commission; certified copy of trust instrument

10-1874.  Required delivery to commission;  certified copy of trust instrument A. Any business trust desiring to transact business in this state shall deliver to the commission: 1. An executed copy of the articles,  declaration of trust or trust agreement by which the trust was created and all amendments thereto,  or a true copy thereof certified to be such by a trustee of the trust before an official authorized to administer oaths or by a public official of another state,  territory or country in whose office an executed copy thereof is on file. Such true copy shall be certified within sixty days before it is delivered to the commission. 2. A verified list of the names,  residences and post office addresses of its trustees. 3. An affidavit setting forth its assumed business name,  if any. 4. If a domestic business trust,  the name of its statutory agent appointed as provided for domestic corporations in section 10-501. A foreign business trust shall deliver to the commission,  as provided for in section 10-501,  the location of its statutory office,  the name of its statutory agent and its irrevocable consent to service of process,  duly signed by a sufficient number of its trustees to bind the business trust by such irrevocable consent,  or accompanied by a duly certified copy of an order or resolution of its trustees authorizing the execution and delivery of such irrevocable consent. B. The business trust shall file a copy of its articles,  declaration of trust or trust agreement by which it was created,  certified by the corporation commission,  in the office of the county recorder in the county where the principal place of business of the trust is located,  where such certified copy shall be indexed and recorded. C. When a business trust has complied with the delivery requirements as provided in subsections A and B of this section,  the commission shall,  after determining that the requirements of chapters 1 through 17 of this title,  this chapter and other provisions of law have been satisfied,  file such delivered documents of foreign and domestic business trusts and such business trusts may thereupon commence business.
AZ Rev Stat § 10-1875 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1875 - Merger, interest exchange, conversion, domestication or division; definitions

10-1875.  Merger,  interest exchange,  conversion,  domestication or division;  definitions A. A domestic business trust may be a party to or otherwise undertake a merger,  an interest exchange,  a conversion,  a domestication or a division by complying with chapters 11 and 13 of this title and title 29,  chapter 6. B. If a domestic business trust is to be created in a merger,  a conversion,  a domestication or a division,  the trust must comply with the delivery requirements set forth in section 10-1874,  subsections A and B. C. For the purposes of this section,  references in chapters 11 and 13 of this title to: 1. " Corporations"  are deemed references to business trusts. 2. " Directors"  are deemed references to trustees. 3. " Shareholders"  are deemed references to holders of transferable certificates evidencing beneficial interests in the trust estate. D. For the purposes of this section: 1. " Conversion"  means a transaction authorized by title 29,  chapter 6,  article 4. 2. " Division"  means a transaction authorized by title 29,  chapter 6,  article 6. 3. " Domestication"  means a transaction authorized by title 29,  chapter 6,  article 5. 4. " Interest exchange"  means a transaction authorized by title 29,  chapter 6,  article 3. 5. " Merger"  means a transaction authorized by title 29,  chapter 6,  article 2.
AZ Rev Stat § 10-1876 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1876 - Amendments to trust instrument; filing; recordation

10-1876.  Amendments to trust instrument;  filing;  recordation The articles,  declaration of trust or trust agreement by which any business trust was created may be amended in the manner specified therein or in such manner as is valid under the law applicable to such business trust,  provided that no such amendment shall be legally effective in this state until a copy thereof,  certified as provided in section 10-1874,  subsection A,  paragraph 1,  has been filed with the corporation commission and a copy thereof,  certified by the corporation commission,  has been filed in the office of the county recorder in the county where the principal place of business of the trust is located,  where such certified copy shall be indexed and recorded.
AZ Rev Stat § 10-1877 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1877 - Powers; construction of instrument; binding effect of terms and conditions

10-1877.  Powers;  construction of instrument;  binding effect of terms and conditions A. Subject to the provisions of section 10-1878,  the powers and authority of any business trust authorized under this article to transact business in this state shall be as specified in the instrument by which it was created,  as amended,  which instrument shall be construed and interpreted in accordance with the law applicable to such business trust,  provided that no business trust shall engage in any activity in this state which would violate the public policy of this state or engage in any business in this state which private corporations for profit organized under the laws of this state may not legally transact. B. Subject to the limitations on power and authority as provided in subsection A of this section,  any person dealing with a business trust authorized under this article to transact business in this state shall be bound by the terms and conditions of the instrument by which the business trust was created and by any amendments thereto which have been filed and recorded in compliance with section 10-1876.
AZ Rev Stat § 10-1878 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1878 - Taxation

10-1878.  Taxation Any business trust created under this article or entering this state pursuant to this article shall pay such taxes and fees as are imposed by the laws of this state or any political subdivision thereof on domestic and foreign corporations,  respectively,  on an identical basis therewith.
AZ Rev Stat § 10-1879 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-1879 - Corporation laws applicable

10-1879.  Corporation laws applicable Any business trust shall be subject to such applicable provisions of law from time to time in effect with respect to domestic and foreign corporations,  respectively. These shall include,  without limitation,  such applicable provisions of law as relate to the issuance of securities,  filing of required statements or reports,  service of process,  general grants of power to act,  withdrawal,  right to sue and be sued,  limitation of individual liability of shareholders,  and rights to acquire,  mortgage,  sell,  lease,  operate and otherwise deal in or with real and personal property.
AZ Rev Stat § 10-2001 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-2001 - Definitions

10-2001.  Definitions In this article,  unless the context otherwise requires: 1. " Active member"  is a member growing,  producing,  manufacturing,  marketing,  distributing or selling products or services handled by the association at the time of the membership meeting,  or who during the previous year,  delivered products or services to the association. 2. " Agricultural products"  includes horticultural,  viticultural,  forestry,  dairy,  livestock,  poultry,  bee and any farm products. 3. " Association"  means a corporation organized under this article. 4. " Marketing agreement"  or " marketing contract"  means any agreement entered into between an association organized under this article and its members,  by the terms of which a subscribing grower,  producer,  manufacturer,  marketer,  distributor or seller and all other growers,  producers,  manufacturers,  marketers,  distributors or sellers signing similar agreements,  agree to sell their products or services,  goods for import or export purposes to or through such association. 5. " Member"  includes members of associations.
AZ Rev Stat § 10-2002 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-2002 - Law governing associations

10-2002.  Law governing associations Any law in conflict with this article shall not apply to the associations organized hereunder,  but general corporation laws shall apply to the associations except when they conflict or are inconsistent with the express provisions of this article.
AZ Rev Stat § 10-2003 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-2003 - Requirements for formation; association profits

10-2003.  Requirements for formation;  association profits A. The following may form a cooperative association with or without capital stock under this article:  1. Five or more persons engaged in the production of products or services. 2. Five or more small businesses,  individuals or entities engaged in the marketing and distribution of manufactured goods for import and export purposes. B. Associations organized under this article may make profits for themselves or for their members.
AZ Rev Stat § 10-2004 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-2004 - Articles of incorporation; amendments

10-2004.  Articles of incorporation;  amendments A. Articles of incorporation shall be filed setting forth: 1. The name of the association. 2. The purposes for which it is formed. 3. The place where its principal business will be transacted. 4. The term for which it is to exist. 5. The number of directors thereof,  which shall not be less than five,  and their term of office. 6. A statement indicating whether the association will be a for-profit association or a nonprofit association. 7. If the association will be a for-profit association and will have capital stock,  a statement indicating the number of shares that the association is authorized to issue. B. The articles shall be subscribed and filed in accordance with the provisions of general corporation law. C. The articles of incorporation may be altered or amended at a regular meeting,  or at a special meeting called for that purpose,  by the affirmative vote of a majority of the active members of the association,  and on at least thirty days' notice in writing of the proposed alteration or amendment. Amendments to the articles when adopted shall be filed as required by law.
AZ Rev Stat § 10-2006 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-2006 - Bylaws; renewal upon expiration of contract period

10-2006.  Bylaws;  renewal upon expiration of contract period A. Each association shall within thirty days after incorporation adopt bylaws. A majority vote of the members or their written assent is necessary to adopt such bylaws. The bylaws may provide for: 1. The time,  place and manner of calling and conducting meetings. 2. The number of members constituting a quorum. 3. The right of members to vote by proxy,  by mail or by both methods,  and the conditions,  manner,  form and effect of the votes. 4. The number of directors constituting a quorum. 5. The qualifications,  compensation,  duties and term of office of directors and officers,  time of their election and the manner of giving notice of the election. 6. Penalties for violation of the bylaws. 7. The amount of entrance,  organization and membership fees,  if any,  the method of collecting them and the purposes for which they may be used. 8. The annual dues or assessments. 9. The charge to be paid by each member for services rendered by the association to him,  the time of payment and the manner of collection. 10. The marketing contract between the association and its members,  which every member may be required to sign. 11. The number and qualification of members of the association and the conditions precedent to membership. 12. The method,  time and manner of permitting members to withdraw. 13. The manner of assignment and transfer of the interest of members. 14. The conditions upon which,  and time when membership of a member shall cease. 15. The automatic suspension of the rights of a member when he ceases to be eligible to membership,  and the manner and effect of the expulsion of a member. 16. The manner of determining the value of a member's interest,  and providing for purchase of such interest by the association upon his death,  withdrawal,  expulsion or forfeiture of membership,  at the option of the association. 17. If members are to be accorded unequal voting rights,  the manner of determining the number of votes to which each member is entitled. B. Upon termination of each contract period,  the board of directors of the association may renew or revise the bylaws to be in effect for the next contract period,  and the renewal or revision shall be the bylaws of the association after thirty days notice has been given to the members,  unless more than fifty per cent of the members of the association have filed objections thereto in writing,  except that when property rights of the members are affected,  section 10-2007 shall apply.
AZ Rev Stat § 10-2007 (2021)
2021 Arizona Revised Statutes|Title 10 - Corporations and Associations|§ 10-2007 - By-laws concerning property rights of members; amendment

10-2007.  By-laws concerning property rights of members;  amendment The property rights and interest of each member,  whether equal or unequal,  shall be set forth in the by-laws of the association as general rules applicable to all members by which the property rights and interest of each member shall be determined and fixed. The association may admit new members,  who,  when admitted,  shall share in the property of the association with the old members in accordance with such general rules. By-laws defining the property rights of members shall not be altered,  amended or repealed except by written consent or the vote of three fourths of the members qualified to vote under the by-laws of the association.