Arizona § 10-11031 - Amendment terminating members or redeeming or canceling memberships
Full text of Arizona Arizona Revised Statutes § 10-11031 — Amendment terminating members or redeeming or canceling memberships, with citation guidance and answers to common questions.
§ 10-11031. Amendment terminating members or redeeming or canceling memberships
A. Any amendment to the articles of incorporation or bylaws of a corporation that terminates all members or any class of members or redeems or cancels all memberships or any class of memberships shall be adopted in accordance with section 10-11002, 10-11003, 10-11020 or 10-11021, as applicable, and this section.
B. The members shall approve any amendment described in subsection A of this section by two-thirds of the votes cast by each class.
C. The provisions of section 10-3621 do not apply to any amendment described in subsection A of this section.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 10-11031
What does Arizona Revised Statutes § 10-11031 cover?
Section 10-11031 ("Amendment terminating members or redeeming or canceling memberships") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 10-11031?
A common citation format is "Arizona Revised Statutes § 10-11031" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 10-11031 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.