2016 Arizona Revised Statutes
Title 10 - Corporations and Associations
§ 10-2241 Termination of professional corporation status
10-2241. Termination of professional corporation status
A. If a professional corporation ceases to render professional services or otherwise elects to terminate its professional corporation status, it shall amend its articles of incorporation to:
1. Delete references to rendering professional services, unless as described in section 10-2213 the services may be rendered in the business corporation form.
2. Delete references to it being a professional corporation.
3. Conform its corporation name to the requirements of section 10-401.
B. After the amendment becomes effective, the corporation may continue in existence as a business corporation under chapters 1 through 17 of this title and it is no longer subject to this chapter.
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