Arizona Statutes

§ 11-1434 — Operating agreement; required provisions

Arizona § 11-1434
JurisdictionArizona
Title 11Arizona Revised Statutes
Ch. 10COMMUNITY HEALTH SYSTEM
Art. 2Operation

This text of Arizona § 11-1434 (Operating agreement; required provisions) 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. § 11-1434 (2026).

Text

A.An operating agreement under this chapter shall include the following provisions:
1.The nonprofit corporation's assumption of responsibility for managing, maintaining and operating the health system assets that are leased or transferred pursuant to the lease agreement.
2.The nonprofit corporation's assumption, beginning on the transfer date, of responsibility for, and responsibility to defend, indemnify and hold the sponsoring county harmless with respect to, all or some liabilities relating to the health system assets that are leased or transferred to the corporation as stated in the lease agreement. This assumption may include liabilities accruing before, on or after the transfer date.
3.An agreement by the nonprofit corporation to continue to provide health care to the public,

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Bluebook (online)
Arizona § 11-1434, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/11-1434.