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Arizona Revised Statutes Title 29. Partnership § 29-3103. Knowledge; notice

Current as of January 01, 2025 | Updated by Findlaw Staff

A. A person knows a fact if the person either:

1. Has actual knowledge of the fact.

2. Is deemed to know the fact under law other than this chapter.

B. A person has notice of a fact if the person either:

1. Has reason to know the fact from all of the facts known to the person at the time in question.

2. Is deemed to have notice of the fact under subsection D of this section.

C. Subject to § 29-3210, subsection F, a person notifies another person of a fact by taking steps reasonably required to inform the other person in ordinary course, whether or not those steps cause the other person to know the fact.

D. A person that is not a member is deemed to have notice of a limited liability company's:

1. Dissolution ninety days after a notice of winding up under § 29-3702, subsection B, paragraph 2, subdivision (a) becomes effective.

2. Termination ninety days after the articles of termination under § 29-3702, subsection B, paragraph 2, subdivision (f) become effective.

3. Participation in a merger, interest exchange, conversion, domestication or division ninety days after a statement of merger, interest exchange, conversion, domestication or division under article 10 of this chapter  1 become effective.

1 Section 29-4101 et seq.
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Cite this article: FindLaw.com - Arizona Revised Statutes Title 29. Partnership § 29-3103. Knowledge; notice - last updated January 01, 2025 | https://codes.findlaw.com/az/title-29-partnership/az-rev-st-sect-29-3103/

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