Arizona § 35-808 Dissolution of corporation

Arizona Statutes

§ 35-808 — Dissolution of corporation

Arizona·Title 35 Arizona Revised Statutes·Ch. 6 POLLUTION CONTROL FINANCING·Art. 1 Incorporation

Whenever the board of directors of the corporation shall determine that the purpose for which the corporation was formed has been substantially accomplished and that all issued bonds and other obligations of the corporation have been fully paid, the members of the board of directors of the corporation shall thereupon dissolve the corporation in accordance with the provisions of title 10, and any properties of the corporation shall be distributed and vest in the municipality or county.

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

Whenever the board of directors of the corporation shall determine that the purpose for which the corporation was formed has been substantially accomplished and that all issued bonds and other obligations of the corporation have been fully paid, the members of the board of directors of the corporation shall thereupon dissolve the corporation in accordance with the provisions of title 10, and any properties of the corporation shall be distributed and vest in the municipality or county.

Arizona § 35-808 (Dissolution of corporation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.