Arizona § 10-3845 Officers' authority to execute documents

Arizona Statutes

§ 10-3845 — Officers' authority to execute documents

Arizona·Title 10 Arizona Revised Statutes·Ch. 31 DIRECTORS AND OFFICERS-NONPROFIT CORPORATIONS·Art. 4 Officers

Any contract or other instrument in writing executed or entered into between a corporation and any other person is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the signing officers had no authority to execute the contract or other instrument if it is signed by two individuals who are either: 1. Both the presiding officer of the board of directors and the president. 2. Either the presiding officer of the board of directors or the president, and one of the following:

(a)A vice-president.

(b)The secretary.

(c)The treasurer.

(d)The executive director.

Free access — add to your briefcase to read the full text and ask questions with AI

Any contract or other instrument in writing executed or entered into between a corporation and any other person is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the signing officers had no authority to execute the contract or other instrument if it is signed by two individuals who are either:

1. Both the presiding officer of the board of directors and the president.

2. Either the presiding officer of the board of directors or the president, and one of the following:

(a) A vice-president.

(b) The secretary.

(c) The treasurer.

(d) The executive director.

Arizona § 10-3845 (Officers' authority to execute documents) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.