ARS § 10-3630. Definitions

ARS § 10-3630. Definitions2018-01-14T10:38:09+00:00

In this article, unless the context otherwise requires:

1. “Derivative proceeding” means a civil suit in the right of a domestic corporation or, to the extent provided in section 10-3637, in the right of a foreign corporation.

2. “Independent person” means a person with no personal interest in the transaction and no personal or other relationship which influences the person.

Get the free Common Nonprofit Corporation Mistakes Article


A nonprofit corporation attorney who's formed 235+ Arizona nonprofit corporations wrote this article so people can avoid making common, but costly noprofit corporation mistakes.