Arizona § 10-1816 - Court relief other than dissolution, liquidation or appointment of conservator
Full text of Arizona Arizona Revised Statutes § 10-1816 — Court relief other than dissolution, liquidation or appointment of conservator, with citation guidance and answers to common questions.
§ 10-1816. Court relief other than dissolution, liquidation or appointment of conservator
A. The superior court in an action filed either by an investor or by a creditor seeking relief under section 10-1815 shall have full power to make any such order or grant any such relief other than dissolution or liquidation as in its discretion it may deem appropriate including but not limited to:
1. Canceling, altering or amending any provision contained in the articles of incorporation of such close corporation.
2. Directing, prohibiting or enjoining any act of the corporation or other persons who are parties to the court action.
3. Providing for the purchase by the corporation or by other investors at their fair market value of the capital units or claims of the person bringing such action.
B. Relief under this section may be granted even though the court does not find any of the elements prescribed for relief under section 10-1815.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 10-1816
What does Arizona Revised Statutes § 10-1816 cover?
Section 10-1816 ("Court relief other than dissolution, liquidation or appointment of conservator") 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 § 10-1816?
A common citation format is "Arizona Revised Statutes § 10-1816" (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 § 10-1816 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.