Arizona § 11-1407 - Corporate powers, immunities and limitations
Full text of Arizona Arizona Revised Statutes § 11-1407 — Corporate powers, immunities and limitations, with citation guidance and answers to common questions.
§ 11-1407. Corporate powers, immunities and limitations
A nonprofit corporation that is organized as provided by this article and that enters into an operating agreement with a sponsoring county:
1. Is considered to:
(a) Exercise its powers for the benefit of the people, to improve their health and welfare and to increase their prosperity.
(b) Engage in a purpose that is essential to public health care.
(c) Have all powers of a nonprofit corporation under title 10.
2. Is entitled to the exemptions and immunities provided by law to similar corporations that are organized for similar purposes including exemptions from taxation of its property and bonds.
3. Possesses and may exercise those powers that are delegated to the corporation by the board of supervisors and that are necessary to satisfy the requirements of section 103 of the internal revenue code as stated in the terms, conditions, restrictions and agreements of the operating agreement. These powers are in addition to the powers that are granted to nonprofit corporations by title 10.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 11-1407
What does Arizona Revised Statutes § 11-1407 cover?
Section 11-1407 ("Corporate powers, immunities and limitations") 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 § 11-1407?
A common citation format is "Arizona Revised Statutes § 11-1407" (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 § 11-1407 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.