Arizona Arizona Revised Statutes
§ 10-2242 — Judicial dissolution
ARS § 10-2242Title 10. Corporations and Associations · Ch. 20. PROFESSIONAL CORPORATIONS · Art. 5. Reorganization and Termination
Statute text
View on source10-2242. Judicial dissolution The attorney general may commence a proceeding under sections 10-1430 through 10-1433 to dissolve a professional corporation if: 1. The commission serves written notice on the corporation under section 10-504 that it has violated or is violating a provision of this chapter. 2. The corporation does not correct each alleged violation, or demonstrate to the reasonable satisfaction of the commission that it did not occur, within sixty days after service of the notice is perfected under section 10-504. 3. The commission certifies to the attorney general a description of the violation, that it notified the corporation of the violation and that the corporation did not correct it, or demonstrate that it did not occur, within sixty days after perfection of service of the notice.