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2017 Arizona Revised Statutes
Title 10 - Corporations and Associations
§ 10-11108 Requests, devises and gifts
Universal Citation: AZ Rev Stat § 10-11108 (2017)
10-11108. Requests, devises and gifts
Unless the will or other instrument otherwise specifically provides, any bequest, devise, gift, grant or promise that is contained in a will or other instrument of donation, subscription or conveyance, that is made to a domestic nonprofit corporation and that takes effect or remains payable after the transaction inures, as applicable, to the surviving entity in a merger, the acquiring entity in an interest exchange, the converted entity in a conversion, the domesticated entity in a domestication and, as specified in the statement of division, one or more of the resulting entities in a division.
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