Title 10 — Corporations and Associations
41 chapters · 595 sections in this title.
A.R.S. § 10-2079 Fees
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The corporation commission shall charge and collect the following nonrefundable fees for: 1. Filing articles of incorporation, ten dollars. 2. Filing articles of amendment, ten dollars. 3. Filing statement of merger, interest exchange, conversion, domestication or division, ten d…
A.R.S. § 10-2080 Exemption from securities regulations
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The provisions of chapter 12 of title 44 shall not apply to any note, bond or other evidence of indebtedness issued by a cooperative doing business in this state pursuant to this article to the United States or any agency or instrumentality thereof, or to any mortgage, deed of tr…
A.R.S. § 10-2081 Exemption from antitrust statutes
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Title 44, chapter 10, article 1 does not apply to any conduct or activity of a cooperative organized pursuant to this article, if the conduct or activity is approved by a statute of this state or of the United States or by the corporation commission or an administrative agency of…
A.R.S. § 10-2082 Taking of acknowledgments by officer or member
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A person authorized to take acknowledgments under the laws of this state shall not be disqualified from taking acknowledgments of instruments executed in favor of a cooperative or to which it is a party, by reason of being an officer, director or member of the cooperative.
A.R.S. § 10-2083 Construction of article
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This article shall be construed liberally, and the enumeration of any object, purpose, power, manner, method or thing shall not be deemed to exclude like or similar objects, purposes, powers, manners, methods or things.
A.R.S. § 10-2084 Electric cooperative nonprofit membership corporations; annual report
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Each electric cooperative nonprofit membership corporation incorporated pursuant to this article shall deliver to the commission for filing an annual report as required by section 10-11622.
A.R.S. § 10-2085 Expanded use for broadband service; just compensation; notice; fees; definitions
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B. The property owner must commence an action in the superior court for just compensation based on diminution in value not later than eighteen months after the date that the cooperative provides notice to the property owner of the expanded use for broadband service. If an action …
A.R.S. § 10-2101 Requirements for formation
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A. The members of a grand lodge or division, or of a subordinate lodge or division, acting under the authority of a grand lodge or division of Free Masons, Odd Fellows, Knights of Pythias, Workmen, Elks or of any other society constituted in a manner generally similar thereto, wh…
A.R.S. § 10-2102 Powers of trustees
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In pursuance of the rules and regulations of the society, and in conformity with the rules and regulations of the grand lodge, division or society from which they derive their charter, the trustees may manage, purchase, lease, hold, convey, mortgage, execute deeds of trust and im…
A.R.S. § 10-2103 Title to property of society
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The property conveyed or acquired by devise, gift, purchase or otherwise to the society, or to any person as trustee for the use thereof, shall vest in the trustees and their successors in office as fully as if originally conveyed to them, and shall be held by them and by their s…
A.R.S. § 10-2104 Election, removal and meetings of trustees
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A. The trustees shall be elected annually and they shall severally hold office for one year and until their successors are elected, but the society may classify the trustees so that the term of office of one third of them shall expire each year, and when so classified the term of…
A.R.S. § 10-2105 Filing facsimile of society insignia
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Benevolent, fraternal or secret societies or organizations in this state may file in the office of the secretary of state a facsimile of its insignia, distinctive ribbon, membership rosette or button prescribed and adopted by the society or organization for the use of its members…
A.R.S. § 10-2106 Wearing insignia of patriotic or fraternal order without authority to obtain aid; classification
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A person who wears the insignia, badge, emblem, distinctive ribbon or membership rosette or button of a benevolent, fraternal, patriotic or veterans' organization, or secret society or organization, or its auxiliary, a facsimile of which has been filed in the office of the secret…
A.R.S. § 10-2107 Merger, interest exchange, conversion, domestication or division; definitions
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A. A fraternal or benevolent society may be a party to or otherwise undertake a merger, an interest exchange, a conversion, a domestication or a division by complying with chapter 34 of this title and title 29, chapter 6. B. For the purposes of this section, references in chapter…
A.R.S. § 10-2121 Definitions
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In this article, unless the context otherwise requires: 1. "Affiliate" means a person that directly or indirectly, through one or more intermediaries, controls, is controlled by or is under common control with another person. 2. "Broadband service" means providing access and tran…
A.R.S. § 10-2122 Purpose
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Nonprofit electric generation and transmission cooperative corporations may be organized under this article for the purpose of: 1. Producing and generating, purchasing, marketing or selling electric energy or transmitting such energy to other electric utilities or persons. 2. Pro…
A.R.S. § 10-2123 Incorporators
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Two or more electric utilities or persons that fulfill the requirements for being a member may organize a generation and transmission cooperative as provided in this article.
A.R.S. § 10-2124 Use of name
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A. The name of a generation and transmission cooperative shall include the word "cooperative" and the abbreviation "inc.", unless, in a statement executed by the cooperative and filed with the corporation commission, it appears that the generation and transmission cooperative des…
A.R.S. § 10-2125 Articles of incorporation
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A. Articles of incorporation of a generation and transmission cooperative shall recite that they are executed pursuant to this article and shall state: 1. The name of the generation and transmission cooperative. 2. The address of its principal office. 3. The names and addresses o…
A.R.S. § 10-2126 Amendment of articles; change of location of principal office
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A. A generation and transmission cooperative may amend its articles of incorporation by complying with the following requirements: 1. A proposed amendment shall be presented to a meeting of the members. The meeting notice shall state or have attached to it all proposed amendments…
A.R.S. § 10-2127 Powers of a generation and transmission cooperative
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A. A generation and transmission cooperative may: 1. Sue and be sued and complain and defend in its corporate name. 2. Have perpetual existence by its corporate name. 3. Adopt a corporate seal and alter the seal at its pleasure, and use the seal by causing it, or a facsimile of i…
A.R.S. § 10-2128 Membership in a generation and transmission cooperative; voting; nonliability
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A. Only electric utilities and other persons as the bylaws provide are eligible to be members of a generation and transmission cooperative. All incorporators shall be original members of a generation and transmission cooperative, and new members may be admitted by a majority vote…
A.R.S. § 10-2129 Annual and special meetings of members; notice; quorum
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A. An annual meeting of the members of a generation and transmission cooperative shall be held at a time and place provided in the bylaws. Special meetings of the members may be called by the president, by the board of directors, by any three directors or by not less than twenty-…
A.R.S. § 10-2130 Board of directors; term; compensation; quorum
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A. A board of directors shall manage the business of a generation and transmission cooperative. The directors named in the articles of incorporation, consolidation, merger or conversion hold office until the directors' successors are elected and qualify. The bylaws shall prescrib…
A.R.S. § 10-2131 Officers of a generation and transmission cooperative
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The officers of a generation and transmission cooperative consist of a president, vice-president, secretary and treasurer, who are elected annually by and from the board of directors. If stated in the bylaws, the officers of the cooperative do not need to be members of the board …
A.R.S. § 10-2132 Bylaws
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The board of directors shall adopt the first bylaws of a generation and transmission cooperative to be adopted following incorporation, conversion, merger or consolidation. Thereafter, bylaws shall be adopted, amended or repealed either by the board of directors or by a majority …
A.R.S. § 10-2133 Nonprofit operation
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A generation and transmission cooperative shall be operated on a nonprofit basis for the mutual benefit of its members and patrons. The bylaws of a generation and transmission cooperative or its contracts with consumers shall contain such provisions relative to the disposition of…
A.R.S. § 10-2134 Disposition of property
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A. The board of directors of a generation and transmission cooperative may, without authorization by the members, authorize the execution and delivery of mortgages or deeds of trust pledging or encumbering any or all of the property, assets, rights, privileges, licenses, franchis…
A.R.S. § 10-2135 Recording of mortgages; effect
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A. Any mortgage, deed of trust or other instrument executed by a generation and transmission cooperative doing business in this state pursuant to this article, which affects real and personal property which is recorded in the office of the county recorder in any county in which t…
A.R.S. § 10-2136 Use of roads and streets; notice; protest
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A. A generation and transmission cooperative has the use of, and the right is expressly granted to it to use, the public highways, county highways and streets and alleys in any area of this state. The generation and transmission cooperative may construct and operate lines connect…
A.R.S. § 10-2138 Prohibition of duplication of service
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A generation and transmission cooperative organized pursuant to this article is expressly prohibited from supplying electric generation service in the certificated service territory of or to any corporation in the certificated service territory of or to any member of a member own…
A.R.S. § 10-2139 Merger, interest exchange, conversion, domestication or division; definitions
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A. A domestic nonprofit electric generation and transmission cooperative corporation may be a party to or otherwise undertake a merger, an interest exchange, a conversion, a domestication or a division by complying with chapter 34 of this title and title 29, chapter 6. B. Except …
A.R.S. § 10-2141 Conversion of cooperatives into generation and transmission cooperatives
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A cooperative created pursuant to article 2 of this chapter and which meets the requirements of this article may be converted into a generation and transmission cooperative authorized to do business and entitled to all privileges and immunities of a generation and transmission co…
A.R.S. § 10-2143 Dissolution
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A. A generation and transmission cooperative that has not commenced business may dissolve voluntarily by delivering to the corporation commission articles of dissolution, executed and acknowledged on behalf of the generation and transmission cooperative by a majority of the incor…
A.R.S. § 10-2144 Filing of articles
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Articles of incorporation, amendment, consolidation, merger, conversion or dissolution, when executed by the cooperative, shall be delivered to the corporation commission for filing. If the corporation commission finds that the articles presented conform to the requirements of th…
A.R.S. § 10-2145 Fees
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The corporation commission shall charge and collect the following nonrefundable fees: 1. Filing articles of incorporation, ten dollars. 2. Filing articles of amendment, ten dollars. 3. Filing statement of merger, interest exchange, conversion, domestication or division, ten dolla…
A.R.S. § 10-2146 Exemption from securities regulations
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The provisions of title 44, chapter 12 do not apply to any note, bond or other evidence of indebtedness issued by a generation and transmission cooperative doing business in this state pursuant to this article, to the United States or any agency or instrumentality of the United S…
A.R.S. § 10-2147 Exemption from antitrust statutes
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The provisions of title 44, chapter 10, article 1 do not apply to any conduct or activity of a generation and transmission cooperative organized pursuant to this article, which conduct or activity is approved by a statute of this state or of the United States or by the corporatio…
A.R.S. § 10-2148 Taking of acknowledgments by officer or member
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A person authorized to take acknowledgments under the laws of this state shall not be disqualified from taking acknowledgments of instruments executed in favor of a generation and transmission cooperative or to which it is a party, by reason of being an officer, director or membe…
A.R.S. § 10-2149 Admission of foreign generation and transmission cooperatives
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A foreign generation and transmission cooperative is entitled to all rights, exemptions, privileges and immunities of a generation and transmission cooperative organized under this article, except that a foreign generation and transmission cooperative need not comply with section…
A.R.S. § 10-2150 Nonprofit electric generation and transmission cooperative corporations; annual report
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Each nonprofit electric generation and transmission cooperative corporation incorporated pursuant to this article shall deliver to the commission for filing an annual report as required by section 10-11622.
A.R.S. § 10-2151 Expanded use for broadband service; notice; just compensation actions
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B. The property owner must commence an action in the superior court for just compensation based on diminution in value not later than eighteen months after the date the generation and transmission cooperative provides notice to the property owner of the expanded use for broadband…
A.R.S. § 10-2152 Annual assessments; gross intrastate revenue exception
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1. Regulated by the corporation commission. 2. Subject to the corporation commission's annual assessment.