Arizona Statutes
§ 10-3622 — Purchase of memberships
Arizona § 10-3622
JurisdictionArizona
Title 10Arizona Revised Statutes
Ch. 29MEMBERS AND MEMBERSHIP-NONPROFIT CORPORATIONS
Art. 3Resignation and Termination
This text of Arizona § 10-3622 (Purchase of memberships) 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. § 10-3622 (2026).
Text
Except as provided in the articles of incorporation or bylaws, a corporation may purchase the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions set forth in or authorized by its articles of incorporation or bylaws. A corporation shall not make a payment that violates section 10-11301 or 10-11302.
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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 directorsCite This Page — Counsel Stack
Bluebook (online)
Arizona § 10-3622, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/10-3622.