There is a newer version of the Arizona Revised Statutes
2011 Arizona Revised Statutes
Title 10 Corporations and Associations
10-2266 Dissolution or liquidation
AZ Rev Stat § 10-2266 (1996 through 1st Reg Sess 50th Legis) What's This?
10-2266. Dissolution or liquidation
In the event of dissolution or liquidation of a corporation none of the corporation's assets shall be distributed to the shareholders until all sums due the members of the corporation as creditors have been paid in full.
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