Arizona Statutes

§ 10-3630 — Definitions

Arizona·Title 10 Arizona Revised Statutes·Ch. 29 MEMBERS AND MEMBERSHIP-NONPROFIT CORPORATIONS·Art. 4 Derivative Suits

In this article, unless the context otherwise requires:

1."Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in section 10-3637, in the right of a foreign corporation.
2."Independent person" means a person with no personal interest in the transaction and no personal or other relationship which influences the person.

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