Arizona Revised Statutes

Ariz. Rev. Stat. § 10-801 (2026)

Board of directors

✓ current as of May 2026

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A. Notwithstanding section 10-732, each corporation shall have a board of directors.

B. All corporate powers shall be exercised by or under the authority of and the business and affairs of the corporation shall be managed under the direction of its board of directors, subject to any limitation set forth in the articles of incorporation or in an agreement authorized under section 10-732.

Notes of Decisions

Cited in 5 cases, 2001–2016 · leading case: Arizona Tile, L.L.C. v. Berger, 224 P.3d 988 (Ariz. Ct. App. 2010).

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Arizona Tile, L.L.C. v. Berger, 224 P.3d 988 (Ariz. Ct. App. 2010). · cites it 4× “By statute, each corporation must have a board of directors, AR.S. § 10-801(A), and in general, “[a]ll corporate powers shall be exercised by or under the authority of and the business and affairs of the corporation shall be managed under the direction of its board of directors.”

E. Vanguard Forex Ltd. v. Arizona Corp. Comm'n, 79 P.3d 86 (Ariz. Ct. App. 2003). · cites it 2× “See A.R.S. § 10-801(B) (Supp.2002), which generally requires that ”[a]ll corporate powers shall be exercised by or under the authority of and the business and affairs of the corporation shall be managed under the direction of its board of directors.”

Best Choice Fund, LLC v. Low & Childers, P.C., 269 P.3d 678 (Ariz. Ct. App. 2012). · cites it 2× “” See A.R.S. § 10-801(B) (2004) (providing corporate powers, business, and affairs must be exercised directly by board of directors or under board’s authority).”

McNally v. Sun Lakes Homeowners Ass'n 1, Inc., 382 P.3d 1216 (Ariz. Ct. App. 2016). · cites it 2× “§ 10-801(B) (“All corporate powers shall be exercised by or under the authority of and the business and affairs of the corporation shall be managed under the direction of its board of directors.”). Additionally, the Association’s bylaws require McNally to participate in managing…”

Est. of H.A. True v. Comm'r, 2001 T.C. Memo. 167 (Tax Ct. 2001). “10-721(A) (West 1996); 79 all corporate powers are exercised by the board of directors, see Ariz.”

— Ariz. Rev. Stat. § 10-801(A) — 1 case

Arizona Tile, L.L.C. v. Berger, 224 P.3d 988 (Ariz. Ct. App. 2010). “By statute, each corporation must have a board of directors, AR.S. § 10-801(A), and in general, “[a]ll corporate powers shall be exercised by or under the authority of and the business and affairs of the corporation shall be managed under the direction of its board of directors.”

— Ariz. Rev. Stat. § 10-801(B) — 4 cases

E. Vanguard Forex Ltd. v. Arizona Corp. Comm'n, 79 P.3d 86 (Ariz. Ct. App. 2003). “See A.R.S. § 10-801(B) (Supp.2002), which generally requires that ”[a]ll corporate powers shall be exercised by or under the authority of and the business and affairs of the corporation shall be managed under the direction of its board of directors.”

Best Choice Fund, LLC v. Low & Childers, P.C., 269 P.3d 678 (Ariz. Ct. App. 2012). “” See A.R.S. § 10-801(B) (2004) (providing corporate powers, business, and affairs must be exercised directly by board of directors or under board’s authority).”

McNally v. Sun Lakes Homeowners Ass'n 1, Inc., 382 P.3d 1216 (Ariz. Ct. App. 2016). “§ 10-801(B) (“All corporate powers shall be exercised by or under the authority of and the business and affairs of the corporation shall be managed under the direction of its board of directors.”). Additionally, the Association’s bylaws require McNally to participate in managing…”

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