Arizona Statutes
§ 10-3635 — Discontinuance or settlement
Arizona § 10-3635
JurisdictionArizona
Title 10Arizona Revised Statutes
Ch. 29MEMBERS AND MEMBERSHIP-NONPROFIT CORPORATIONS
Art. 4Derivative Suits
This text of Arizona § 10-3635 (Discontinuance or settlement) 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. § 10-3635 (2026).
Text
No derivative proceeding may be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's members or a class of members, the court shall direct that notice be given to the affected members.
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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 § 10-3635, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/10-3635.