ARS Section 29-631 Formation; Parents and Subsidiaries

ARS Section 29-631 Formation; Parents and Subsidiaries 2017-02-25T05:09:06+00:00

A. One or more persons may form a limited liability company by signing and filing with the commission an original copy of the articles of organization for the limited liability company. The person or persons need not be members of the limited liability company at the time of formation or after formation has occurred.

B. Notwithstanding any other law, a parent limited liability company and its subsidiary limited liability companies may be formed at the same time.

Caution:  The above language was taken from Arizona’s statutes on November 12, 2016.  Check the Arizona legislature’s website to determine if this statute changed after November 12, 2016.