There is a newer version of the Arizona Revised Statutes
2005 Arizona Revised Statutes - Revised Statutes §10-2067 Nonprofit operation
A cooperative shall be operated on a nonprofit basis for the mutual benefit of its members and patrons. The by-laws of a cooperative or its contracts with consumers shall contain such provisions relative to the disposition of revenues and receipts as may be necessary and appropriate to establish and maintain its nonprofit and cooperative character.
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