There is a newer version of the Arizona Revised Statutes
2012 Arizona Revised Statutes
Title 10 Corporations and Associations
10-2012 Organization of board of directors
AZ Rev Stat § 10-2012 (through 2nd Reg Sess. 50th Leg. 2012) What's This?
10-2012. Organization of board of directors
The directors shall elect from their number a president and one or more vice-presidents, and a secretary and treasurer, who need not be members. The offices of secretary and treasurer may be combined. The funds of the association shall be deposited only as authorized by the board.
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