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Arizona Arizona Revised Statutes

§ 10-142 — Number of shareholders

ARS § 10-142Title 10. Corporations and Associations · Ch. 1. GENERAL PROVISIONS · Art. 4. Definitions, Notice and Shareholders

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10-142. Number of shareholders A. For purposes of chapters 1 through 17 of this title, the following identified as a shareholder in a corporation's current record of shareholders constitutes one shareholder: 1. Three or fewer co-owners. 2. Any corporation, partnership, trust, estate or other entity. 3. The trustees, guardians, custodians or other fiduciaries of a single trust, estate or account. B. For purposes of chapters 1 through 17 of this title, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person.

Source: Arizona Arizona Revised Statutes § 10-142 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.