Arizona § 10-1811 Changes in investor relationships

Arizona Statutes

§ 10-1811 — Changes in investor relationships

Arizona § 10-1811

Title 10Arizona Revised Statutes

Ch. 18MISCELLANEOUS PROVISIONS AND CORPORATIONS

Art. 1Close Corporations

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Bluebook

Ariz. Rev. Stat. Ann. § 10-1811 (2026).

Text

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.

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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.