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Arizona Arizona Revised Statutes

§ 10-728 — Voting for directors; cumulative voting

ARS § 10-728Title 10. Corporations and Associations · Ch. 7. SHAREHOLDERS · Art. 2. Voting

Statute text

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10-728. Voting for directors; cumulative voting A. Unless otherwise provided in the articles of incorporation, directors are elected by a plurality of the votes cast by the shares entitled to vote in the election at a meeting at which a quorum is present. B. At each election for directors, shareholders are entitled to cumulate their votes by multiplying the number of votes they are entitled to cast by the number of directors for whom they are entitled to vote and casting the product for a single candidate or distributing the product among two or more candidates.

Source: Arizona Arizona Revised Statutes § 10-728 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.