Public-domain · open source
OpenJurist

A.R.S. § 10-1320

Notice of dissenters' rights

Applied in 1 court decision — leading case Community Bank of Arizona v. G.V.M. Trust (2004)

Most recently applied in Community Bank of Arizona v. G.V.M. Trust (May 2004)

A. If proposed corporate action creating dissenters' rights under section 10-1302 is submitted to a vote at a shareholders' meeting, the meeting notice shall state that shareholders are or may be entitled to assert dissenters' rights under this article and shall be accompanied by a copy of this article.

B. If corporate action creating dissenters' rights under section 10-1302 is taken without a vote of shareholders, the corporation shall notify in writing all shareholders entitled to assert dissenters' rights that the action was taken and shall send them the dissenters' notice described in section 10-1322.

Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.