Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 10. Corporations and Associations |
Chapter 31. DIRECTORS AND OFFICERS-NONPROFIT CORPORATIONS |
Article 4. Officers |
Sec 10-3840. Officers
Latest version.
-
A. A corporation shall have the officers described in its articles of incorporation or bylaws or appointed by the board of directors in accordance with the articles of incorporation or bylaws.
B. A duly appointed officer may appoint one or more officers or assistant officers if authorized by the bylaws or the board of directors.
C. The bylaws or the board of directors shall delegate to one of the officers responsibility for preparing minutes of the directors' and members' meetings and for authenticating records of the corporation.
D. The same individual may simultaneously hold more than one office in a corporation.