AZ LAW BOOK

E. The filing or refusing to file a document by the commission does not: 1. Affect the validity or invalidity of the document in whole or in part, except to the extent that filing is required to make the document valid. 2. Relate to the correctness or incorrectness of information contained in the document. 3. Create a presumption that the document is valid or invalid or that information contained in the document is correct or incorrect. 10-3127. Evidentiary effect of copy of filed document A stamp affixed to a copy of a document filed by the commission, bearing the signature of the executive director of the commission, which may be in facsimile, and the seal of the commission, is conclusive evidence that the original document is on file with the commission. 10-3128. Certificate of good standing A. A person may apply to the commission to furnish a certificate of good standing for a domestic or foreign corporation. B. The certificate of good standing sets forth all of the following: 1. The domestic corporation's corporate name or the foreign corporation's corporate name used in this state. 2. That either: (a) The domestic corporation is incorporated under the law of this state and the date of its incorporation. (b) The foreign corporation is authorized to transact business in this state. 3. That all affidavits and annual reports required before the date of the certificate have been filed with the commission. 4. That all annual filing fees due before the date of the certificate have been paid. 5. That according to the records of the commission, the corporation is in good standing in this state. C. Subject to any qualification stated in the certificate, a certificate of good standing issued by the commission may be relied on as conclusive evidence of the matters stated in the certificate. Article 3 Arizona Corporation Commission 10-3130. Powers The commission has the power and authority reasonably necessary to enable it to administer this title efficiently and to perform the duties imposed on it by this title, including the power and authority to make rules and regulations for those purposes. Article 4 Definitions, Notice, Private Foundations, Judicial Relief and Religious Organizations 10-3140. Definitions In chapters 24 through 40 of this title, unless the context otherwise requires: 1. "Acknowledged" or "acknowledgment" means either an acknowledgment pursuant to title 33, chapter 4, article 5 or the signature, without more, of the person or persons signing the instrument, in which case the signature or signatures constitute the affirmation or acknowledgment of the signatory, under penalties of perjury, that the instrument is the act and deed of the signatory and that the facts stated in the instrument are true. 2. "Act of the board of directors" means either: (a) An act of the majority of the directors present at a duly called meeting at which a quorum is present, unless the act of a greater number is required by chapters 24 through 40 of this title, the articles of incorporation or the bylaws. (b) Action taken by written consent of the directors in accordance with chapters 24 through 40 of this title. 3. "Act of the members" means either: (a) An act adopted or rejected by a majority of the votes represented and voting at a duly held meeting at which a quorum is present where affirmative votes also constitute a majority of the required quorum unless a greater number of votes is required by chapters 24 through 40 of this title, the articles of incorporation or the bylaws.

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Law Book Revised 11.02.2017