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Arizona Arizona Revised Statutes

§ 10-629 — Adjustment of terms of rights, options and warrants; conditions to exercise of rights, options and warrants

ARS § 10-629Title 10. Corporations and Associations · Ch. 6. SHARES AND DISTRIBUTIONS · Art. 2. Issuance of Shares

Statute text

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10-629. Adjustment of terms of rights, options and warrants; conditions to exercise of rights, options and warrants Rights, options and warrants may include provisions that adjust the terms of the rights, options and warrants on the occurrence of one or more events, including acquisition of shares, reorganization, merger, consolidation or sale of assets. Rights, options and warrants may include conditions regarding the exercise of the rights, options and warrants, including conditions that prevent the holder of a specified percentage of the outstanding shares of the corporation, including subsequent transferees of the holder, from exercising those rights, options and warrants.

Source: Arizona Arizona Revised Statutes § 10-629 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.