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Arizona Arizona Revised Statutes

§ 10-1324 — Share restrictions

ARS § 10-1324Title 10. Corporations and Associations · Ch. 13. DISSENTERS' RIGHTS · Art. 2. Procedure for Exercise of Dissenters' Rights

Statute text

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10-1324. Share restrictions A. The corporation may restrict the transfer of uncertificated shares from the date the demand for their payment is received until the proposed corporate action is taken or the restrictions are released under section 10-1326. B. The person for whom dissenters' rights are asserted as to uncertificated shares retains all other rights of a shareholder until these rights are canceled or modified by the taking of the proposed corporate action.

Source: Arizona Arizona Revised Statutes § 10-1324 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.