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Arizona Arizona Revised Statutes

§ 10-3845 — Officers' authority to execute documents

ARS § 10-3845Title 10. Corporations and Associations · Ch. 31. DIRECTORS AND OFFICERS-NONPROFIT CORPORATIONS · Art. 4. Officers

Statute text

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10-3845. Officers' authority to execute documents Any contract or other instrument in writing executed or entered into between a corporation and any other person is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the signing officers had no authority to execute the contract or other instrument if it is signed by two individuals who are either: 1. Both the presiding officer of the board of directors and the president. 2. Either the presiding officer of the board of directors or the president, and one of the following:
(a)A vice-president.
…

Source: Arizona Arizona Revised Statutes § 10-3845 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.