Ariz. Rev. Stat. § 10-11202. Sale of assets other than in regular course of activities: Sale of Assets — Nonprofit Corporations — General Provisions – ArizonaStatus: Enacted
Year Enacted: 1997
On the terms and conditions and for the consideration determined by the corporation’s board of directors, a corporation may sell, lease, exchange or otherwise dispose of all or substantially all of its property, with or without the goodwill, other than in the usual and regular course of its activities.
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