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Current as of January 01, 2025 | Updated by Findlaw Staff
The attorney general may commence a proceeding under §§ 10-1430 through 10-1433 to dissolve a professional corporation if:
1. The commission serves written notice on the corporation under § 10-504 that it has violated or is violating a provision of this chapter.
2. The corporation does not correct each alleged violation, or demonstrate to the reasonable satisfaction of the commission that it did not occur, within sixty days after service of the notice is perfected under § 10-504.
3. The commission certifies to the attorney general a description of the violation, that it notified the corporation of the violation and that the corporation did not correct it, or demonstrate that it did not occur, within sixty days after perfection of service of the notice.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 10. Corporations and Associations § 10-2242. Judicial dissolution - last updated January 01, 2025 | https://codes.findlaw.com/az/title-10-corporations-and-associations/az-rev-st-sect-10-2242/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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