Arizona Statutes
§ 10-2010 — Appraisal of interest and payment upon withdrawal or expulsion of member
Arizona·Title 10 Arizona Revised Statutes·Ch. 19 NOT FOR PROFIT CORPORATIONS AND ASSOCIATIONS, COOPERATIVES AND FRATERNAL AND BENEVOLENT SOCIETIES·Art. 1 Cooperative Marketing Associations
If a member withdraws or is expelled, the board of directors shall, within three years after withdrawal or expulsion, equitably appraise his property interest in the association and pay him for that interest. The appraisal is conclusive.
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Nearby Sections
15
§ 10-1001
Authority to amend§ 10-1002
Amendment by board of directors§ 10-1005
Amendment before issuance of shares§ 10-1006
Articles of amendment§ 10-1007
Restated articles of incorporation§ 10-1008
Amendment pursuant to reorganization§ 10-1009
Effect of amendments§ 10-11001
Authority to amend§ 10-11002
Amendment by board of directors