Arizona § 10-2702 - Duties of director
Full text of Arizona Arizona Revised Statutes § 10-2702 — Duties of director, with citation guidance and answers to common questions.
§ 10-2702. Duties of director
In discharging the duties of the position of director under this chapter, a director of an issuing public corporation, in considering the best interests of the corporation, shall consider the long-term as well as the short-term interests of the corporation and its shareholders including the possibility that these interests may be best served by the continued independence of the corporation. This section does not modify the duties of the position of director in any matter outside the scope of this chapter and does not limit the ability of a director to consider any other factor permitted by section 10-830, subsection D.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 10-2702
What does Arizona Revised Statutes § 10-2702 cover?
Section 10-2702 ("Duties of director") 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 § 10-2702?
A common citation format is "Arizona Revised Statutes § 10-2702" (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 § 10-2702 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.