Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 10. Corporations and Associations |
Chapter 25. INCORPORATION-NONPROFIT CORPORATIONS |
Article 1. Incorporation |
Sec 10-3206. Bylaws
Latest version.
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A. The board of directors of a corporation shall adopt initial bylaws for the corporation.
B. The bylaws of a corporation may contain any provision for regulating and managing the affairs of the corporation that is not inconsistent with law or the articles of incorporation.