Ariz. Rev. Stat. » Title 10
Arizona Revised Statutes

Ariz. Rev. Stat. § 10-1801 (2026)

Law applicable to close corporations

✓ current as of May 2026
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Close corporations organized pursuant to this article are subject to the provisions of chapters 1 through 17 of this title except insofar as this article modifies or differs from such provisions, in which case this article prevails. This article shall be applicable to all close corporations except insofar as this article otherwise provides. This article shall be construed to simplify the management, structure and operations of close corporations.

Notes of Decisions
Cited in 2 cases, 2001–2010 · leading case: Dooley Corvallas Dev. Corp. v. O'Brien, 244 P.3d 586 (Ariz. Ct. App. 2010).
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Dooley Corvallas Dev. Corp. v. O'Brien, 244 P.3d 586 (Ariz. Ct. App. 2010). · cites it 3× “While Arizona created the statutory close corporation in 1976, A.R.S. §§ 10-1801 through -1818 (added as § 10-201 et seq.”
Albers v. Edelson Tech. Partners L.P., 31 P.3d 821 (Ariz. Ct. App. 2001). · cites it 2× “See A.R.S. §§ 10-1801 to -1818 (1996). But at common law, the attributes of a close corporation are that (1) the shareholders are few in number, often two or three; (2) the shareholders usually live in the same geographical area, know each other, and are well acquainted with…”
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