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Arizona Revised Statutes Title 35. Public Finances § 35-808. Dissolution of corporation

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

Whenever the board of directors of the corporation shall determine that the purpose for which the corporation was formed has been substantially accomplished and that all issued bonds and other obligations of the corporation have been fully paid, the members of the board of directors of the corporation shall thereupon dissolve the corporation in accordance with the provisions of title 10, and any properties of the corporation shall be distributed and vest in the municipality or county.

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Cite this article: FindLaw.com - Arizona Revised Statutes Title 35. Public Finances § 35-808. Dissolution of corporation - last updated January 01, 2025 | https://codes.findlaw.com/az/title-35-public-finances/az-rev-st-sect-35-808/

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