Arizona § 11-1435 - Power to perform operating agreement
Full text of Arizona Arizona Revised Statutes § 11-1435 — Power to perform operating agreement, with citation guidance and answers to common questions.
§ 11-1435. Power to perform operating agreement
A. The board of directors of the nonprofit corporation has all of the powers that are necessary to perform or comply with the obligations of the board of supervisors or the sponsoring county under an operating agreement under this chapter.
B. The operating agreement, and all amendments, renewals or extensions, are exempt from the requirements of section 11-251, paragraphs 9, 18 and 58 and sections 11-256, 11-256.01, 11-256.03 and 11-291.
C. For the purposes of any covenant, condition or restriction that may apply to any real property or health system assets that are leased or transferred to a nonprofit corporation under a lease agreement, the real property and health system assets:
1. Shall be used in a manner that is consistent and complies with the applicable covenants, conditions and restrictions.
2. Are presumed to be used for county hospital purposes consistent with deed restrictions attached to the land that was conveyed to the county.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 11-1435
What does Arizona Revised Statutes § 11-1435 cover?
Section 11-1435 ("Power to perform operating agreement") 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 § 11-1435?
A common citation format is "Arizona Revised Statutes § 11-1435" (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 § 11-1435 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.