Corporation Sole Statutes: Arizona

Corporation Sole Statutes

Arizona Corporation Sole Statute

Arizona Rev. Stat. § 10-11901.  Purposes for which corporation sole may be formed.

Corporations may be formed to acquire, hold and dispose of church or religious society property for the benefit of religion, for works of charity and for public worship, and of property of scientific research institutions maintained solely for pure research and without expectation of pecuniary gain or profit, in the manner provided in this article.

Credits

Formerly § 10-421. Renumbered as § 10-1851, by Laws 1994, Ch. 223, § 10, eff. Jan. 1, 1996. Renumbered as § 10-11901, by Laws 2001, Ch. 103, § 10.

Notes of Decisions (3)

  1. R. S. § 10-11901, AZ ST § 10-11901

Current through the Second Regular and Second Special Sessions of the Fifty-first Legislature

Arizona Rev. Stat. § 10-11902.  Requirements for formation.

A person vested with the legal title to property of a church or religious society in conformity with its constitution, canons, rites or regulations, and of a scientific research institution maintained solely for pure research and without expectation of pecuniary gain or profit, may make and subscribe to written articles of incorporation, acknowledge them as deeds are required to be acknowledged, file them in the office of the corporation commission and record a duplicate of the articles in the office of the county recorder of each county in which real property of the corporation is situated, together with an impression of the seal which it adopts.

Credits

Formerly § 10-422. Renumbered as § 10-1852, by Laws 1994, Ch. 223, § 10, eff. Jan. 1, 1996. Renumbered as § 10-11902, by Laws 2001, Ch. 103, § 10.

  1. R. S. § 10-11902, AZ ST § 10-11902

Current through the Second Regular and Second Special Sessions of the Fifty-first Legislature

Arizona Rev. Stat. § 10-11903.  Articles of incorporation; amendment.

A. The articles of incorporation shall contain:

  1. The name of the corporation.
  1. The object of the corporation.
  1. The estimated value of the property at the time of drawing the articles.
  1. The title of the person executing the articles.

B. The corporation may amend its articles. The amendment shall be executed by the same person who executed the original articles, or by his successor in office, and shall be filed and recorded as required for the original articles.

Credits

 Formerly § 10-423. Renumbered as § 10-1853, by Laws 1994, Ch. 223, § 10, eff. Jan. 1, 1996. Renumbered as § 10-11903, by Laws 2001, Ch. 103, § 10.

  R. S. § 10-11903, AZ ST § 10-11903

Current through the Second Regular and Second Special Sessions of the Fifty-first Legislature

Arizona Rev. Stat. § 10-11904.  Powers of corporation sole.

Upon executing and filing for record articles of incorporation as provided in this article, the person subscribing thereto and his successor in office by the name or title specified in the articles, shall thereafter be deemed a corporation sole with perpetual succession, and may acquire and possess, by gift, bequest, devise or purchase, and hold property, sell, rent or otherwise dispose of such property, borrow money and give written security therefor, and secure payment thereof by mortgage or other lien.

Credits

Formerly § 10-424. Renumbered as § 10-1854, by Laws 1994, Ch. 223, § 10, eff. Jan. 1, 1996. Renumbered as § 10-11904 by Laws 2001, Ch. 103, § 10.

  1. R. S. § 10-11904, AZ ST § 10-11904

Current through the Second Regular and Second Special Sessions of the Fifty-first Legislature.

 

Last updated: June 2015