Arizona § 10-142 Number of shareholders

Arizona Statutes

§ 10-142 — Number of shareholders

Arizona § 10-142

Title 10Arizona Revised Statutes

Ch. 1GENERAL PROVISIONS

Art. 4Definitions, Notice and Shareholders

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Bluebook

Ariz. Rev. Stat. Ann. § 10-142 (2026).

Text

A.For purposes of chapters 1 through 17 of this title, the following identified as a shareholder in a corporation's current record of shareholders constitutes one shareholder:

1.Three or fewer co-owners.

2.Any corporation, partnership, trust, estate or other entity.

3.The trustees, guardians, custodians or other fiduciaries of a single trust, estate or account.

B.For purposes of chapters 1 through 17 of this title, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person.

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A. For purposes of chapters 1 through 17 of this title, the following identified as a shareholder in a corporation's current record of shareholders constitutes one shareholder:

1. Three or fewer co-owners.

2. Any corporation, partnership, trust, estate or other entity.

3. The trustees, guardians, custodians or other fiduciaries of a single trust, estate or account.

B. For purposes of chapters 1 through 17 of this title, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person.