Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 10. Corporations and Associations |
Chapter 23. CORPORATE TAKEOVERS |
Article 1. In General |
Sec 10-2702. Duties of director
Latest version.
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In discharging the duties of the position of director under this chapter, a director of an issuing public corporation, in considering the best interests of the corporation, shall consider the long-term as well as the short-term interests of the corporation and its shareholders including the possibility that these interests may be best served by the continued independence of the corporation. This section shall not modify the duties of the position of director in any matter outside the scope of this chapter.