Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 10. Corporations and Associations |
Chapter 29. MEMBERS AND MEMBERSHIP-NONPROFIT CORPORATIONS |
Article 2. Types of Memberships-Members' Rights and Obligations |
Sec 10-3610. Difference in rights and obligations of members
Latest version.
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All members have the same rights and obligations with respect to voting, dissolution, redemption and transfer, unless the articles of incorporation or bylaws establish classes of membership with different rights or obligations or otherwise provide. All members have the same rights and obligations with respect to any other matters, except as set forth in or authorized by the articles of incorporation or bylaws.