Arizona § 10-2706 - Application
Full text of Arizona Arizona Revised Statutes § 10-2706 — Application, with citation guidance and answers to common questions.
§ 10-2706. Application
A. This chapter applies only to issuing public corporations and to corporations which elect pursuant to subsection C of this section to be subject to:
1. All of the provisions of this article.
2. All of the provisions of article 2 of this chapter.
3. All of the provisions of article 3 of this chapter.
4. Any combination of paragraph 1, 2 or 3.
B. A corporation may not elect to be subject to less than all of the provisions in any article of this chapter. A corporation which elects to be subject to all or part of this chapter pursuant to subsection C of this section, for purposes of applying the provisions of this chapter or part of this chapter, shall be deemed an issuing public corporation.
C. An election by a corporation pursuant to subsection A of this section must be contained either:
1. In its articles of incorporation at the time of incorporation.
2. In an amendment to its articles of incorporation or bylaws which is approved by the shareholders holding a majority of the outstanding voting power of all shares.
Frequently Asked Questions About Arizona § 10-2706
What does Arizona Revised Statutes § 10-2706 cover?
Section 10-2706 ("Application") 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 § 10-2706?
A common citation format is "Arizona Revised Statutes § 10-2706" (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 § 10-2706 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.