10-2264. Members as agents for corporations
64 words·~1 min read·
/az/title-10/10-2264A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A corporation may by contract authorize and empower any member to act as agent for the corporation in the carrying out of the purposes for which such corporation was formed and to render to the corporation such administrative auditing, collecting and other related fiscal services as shall be deemed by the directors necessary for the proper and efficient operation and management of the corporation.