Arizona § 10-1431 Procedure for judicial dissolution or equitable relief

Arizona Statutes

§ 10-1431 — Procedure for judicial dissolution or equitable relief

Arizona § 10-1431

Title 10Arizona Revised Statutes

Ch. 14DISSOLUTION

Art. 3Judicial Dissolution

This text of Arizona § 10-1431 (Procedure for judicial dissolution or equitable relief) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 10-1431 (2026).

Text

A.Venue for a proceeding by the attorney general to dissolve a corporation or for a proceeding brought by any other party named in section 10-1430 is in the county where a corporation's known place of business is or was last located.

B.It is not necessary to make shareholders parties to a proceeding to dissolve a corporation unless relief is sought against them personally.

C.A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver with all of the powers and duties the court directs, take other action required to preserve the corporate assets wherever located and carry on the business of the corporation until a full hearing can be held.

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A. Venue for a proceeding by the attorney general to dissolve a corporation or for a proceeding brought by any other party named in section 10-1430 is in the county where a corporation's known place of business is or was last located.

B. It is not necessary to make shareholders parties to a proceeding to dissolve a corporation unless relief is sought against them personally.

C. A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver with all of the powers and duties the court directs, take other action required to preserve the corporate assets wherever located and carry on the business of the corporation until a full hearing can be held.