Arizona § 10-1505 - Effect of grant of authority
Full text of Arizona Arizona Revised Statutes § 10-1505 — Effect of grant of authority, with citation guidance and answers to common questions.
§ 10-1505. Effect of grant of authority
A. A grant of authority to transact business authorizes the foreign corporation to transact business in this state subject to the right of this state to revoke the grant of authority as provided in chapters 1 through 17 of this title.
B. A foreign corporation with a valid grant of authority has the same but no greater rights and has the same but no greater privileges as and except as otherwise provided by chapters 1 through 17 of this title and is subject to the same duties, restrictions, penalties and liabilities now or later imposed on a domestic corporation of like character.
C. Chapters 1 through 17 of this title do not authorize this state to regulate the organization or internal affairs of a foreign corporation authorized to transact business in this state.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 10-1505
What does Arizona Revised Statutes § 10-1505 cover?
Section 10-1505 ("Effect of grant of authority") 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 § 10-1505?
A common citation format is "Arizona Revised Statutes § 10-1505" (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 § 10-1505 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.