There is a newer version of the Arizona Revised Statutes
2005 Arizona Revised Statutes - Revised Statutes §43-1211 Denial of exempt status due to unreasonable accumulation of income
No organization subject to the provisions of this article, except those specified in section 43-1215, which has engaged in a prohibited transaction after December 31, 1953 or which has at the end of the taxable year unreasonable accumulations of income as defined in section 43-1214 shall be exempt from taxation under section 43-1201, paragraph 4.
Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.