Arizona § 10-3805 Terms of directors generally

Arizona Statutes

§ 10-3805 — Terms of directors generally

Arizona § 10-3805

Title 10Arizona Revised Statutes

Ch. 31DIRECTORS AND OFFICERS-NONPROFIT CORPORATIONS

Art. 1Board of Directors

This text of Arizona § 10-3805 (Terms of directors generally) 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. § 10-3805 (2026).

Text

A.The terms of the initial directors of a corporation expire at the first election, appointment or designation of directors as provided in section 10-3804.

B.The articles of incorporation or bylaws shall specify the terms of directors. In the absence of any term specified in the articles of incorporation or bylaws, the term of each director is one year. Unless otherwise provided in the articles of incorporation or bylaws, directors may be elected for successive terms.

C.A decrease in the number of directors or term of office does not shorten the term of any incumbent director.

D.Except as provided in the articles of incorporation or bylaws:

1.The term of a director elected to fill a vacancy in the office of a director elected by members expires at the next election of directors by

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A. The terms of the initial directors of a corporation expire at the first election, appointment or designation of directors as provided in section 10-3804.

B. The articles of incorporation or bylaws shall specify the terms of directors. In the absence of any term specified in the articles of incorporation or bylaws, the term of each director is one year. Unless otherwise provided in the articles of incorporation or bylaws, directors may be elected for successive terms.

C. A decrease in the number of directors or term of office does not shorten the term of any incumbent director.

D. Except as provided in the articles of incorporation or bylaws:

1. The term of a director elected to fill a vacancy in the office of a director elected by members expires at the next election of directors by members.

2. The term of a director elected to fill any other vacancy expires at the end of the unexpired term that the director is filling.

E. Despite the expiration of a director's term, a director shall continue to hold office until the director's successor is elected, designated or appointed and qualifies, until the director's resignation or removal or until there is a decrease in the number of directors.