Arizona § 10-2706 Application

Arizona Statutes

§ 10-2706 — Application

Arizona § 10-2706

Title 10Arizona Revised Statutes

Ch. 23CORPORATE TAKEOVERS

Art. 1In General

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Bluebook

Ariz. Rev. Stat. Ann. § 10-2706 (2026).

Text

A.This chapter applies only to issuing public corporations and to corporations which elect pursuant to subsection C of this section to be subject to:

1.All of the provisions of this article.

2.All of the provisions of article 2 of this chapter.

3.All of the provisions of article 3 of this chapter.

4.Any combination of paragraph 1, 2 or 3.

B.A corporation may not elect to be subject to less than all of the provisions in any article of this chapter. A corporation which elects to be subject to all or part of this chapter pursuant to subsection C of this section, for purposes of applying the provisions of this chapter or part of this chapter, shall be deemed an issuing public corporation.

C.An election by a corporation pursuant to subsection A of this section must be contained eit

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A. This chapter applies only to issuing public corporations and to corporations which elect pursuant to subsection C of this section to be subject to:

1. All of the provisions of this article.

2. All of the provisions of article 2 of this chapter.

3. All of the provisions of article 3 of this chapter.

4. Any combination of paragraph 1, 2 or 3.

B. A corporation may not elect to be subject to less than all of the provisions in any article of this chapter. A corporation which elects to be subject to all or part of this chapter pursuant to subsection C of this section, for purposes of applying the provisions of this chapter or part of this chapter, shall be deemed an issuing public corporation.

C. An election by a corporation pursuant to subsection A of this section must be contained either:

1. In its articles of incorporation at the time of incorporation.

2. In an amendment to its articles of incorporation or bylaws which is approved by the shareholders holding a majority of the outstanding voting power of all shares.