Arizona § 10-11031 Amendment terminating members or redeeming or canceling memberships

Arizona Statutes

§ 10-11031 — Amendment terminating members or redeeming or canceling memberships

Arizona § 10-11031

Title 10Arizona Revised Statutes

Ch. 33AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS-NONPROFIT CORPORATIONS

Art. 3Articles of Incorporation and Bylaws

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Bluebook

Ariz. Rev. Stat. Ann. § 10-11031 (2026).

Text

A.Any amendment to the articles of incorporation or bylaws of a corporation that terminates all members or any class of members or redeems or cancels all memberships or any class of memberships shall be adopted in accordance with section 10-11002, 10-11003, 10-11020 or 10-11021, as applicable, and this section.

B.The members shall approve any amendment described in subsection A of this section by two-thirds of the votes cast by each class.

C.The provisions of section 10-3621 do not apply to any amendment described in subsection A of this section.

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A. Any amendment to the articles of incorporation or bylaws of a corporation that terminates all members or any class of members or redeems or cancels all memberships or any class of memberships shall be adopted in accordance with section 10-11002, 10-11003, 10-11020 or 10-11021, as applicable, and this section.

B. The members shall approve any amendment described in subsection A of this section by two-thirds of the votes cast by each class.

C. The provisions of section 10-3621 do not apply to any amendment described in subsection A of this section.