2017 Arizona Revised Statutes
Title 29 - Partnership
§ 29-2103 Relationship to other laws

Universal Citation: AZ Rev Stat § 29-2103 (2017)

29-2103. Relationship to other laws

A. Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.

B. Except as specifically provided in this chapter, this chapter does not affect the application or requirements of law other than this chapter.

C. A transaction effected under this chapter may not create or impair any right or obligation on the part of a person under a provision of the laws of this state other than this chapter relating to a change in control, takeover, business combination, control share acquisition or similar transaction involving a domestic merging, acquired, converting, domesticating or dividing corporation unless either:

1. If the corporation does not survive the transaction, the transaction satisfies any requirements of the provision.

2. If the corporation survives the transaction, the approval of the plan relating to the transaction is by a vote of the shareholders or directors that is sufficient to create or impair the right or obligation directly under the provision.

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