10-3630. Definitions
60 words·~1 min read·
/az/title-10/10-3630A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this article, unless the context otherwise requires:
1. "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in section 10-3637, in the right of a foreign corporation.
2. "Independent person" means a person with no personal interest in the transaction and no personal or other relationship which influences the person.