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Current as of March 08, 2022 | Updated by FindLaw Staff
A. Except as provided in § 10-2703, a corporation shall hold a special meeting of shareholders either:
1. On the call of its board of directors or the person or persons authorized to do so by the articles of incorporation or bylaws.
2. As provided in § 10-810, subsection D.
B. If not otherwise fixed under § 10-703 or 10-707, the record date for determining shareholders entitled to demand a special meeting is the date the first shareholder signs the demand.
C. Special shareholders' meetings may be held in or out of this state at the place stated in or fixed in accordance with the bylaws. If no place is stated in or fixed in accordance with the bylaws, special meetings shall be held at the corporation's principal office.
D. Only business within the purpose or purposes described in the meeting notice required by § 10-705, subsection C may be conducted at a special shareholders' meeting.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 10. Corporations and Associations § 10-702. Special meeting - last updated March 08, 2022 | https://codes.findlaw.com/az/title-10-corporations-and-associations/az-rev-st-sect-10-702/
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 or via Westlaw before relying on it for your legal needs.
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