Required in Arizona? Yes[1]
Laws
- Annual Meetings – An annual meeting may be held at the corporation’s known place of business or as specified in the bylaws.[2]
- Corporate Bylaws – The board of directors must adopt initial corporate bylaws to manage the business and regulate the corporation’s affairs.[3]
- Issuance of Stock – The board of directors can authorize shares to be issued in exchange for adequate payment.[4]
Emergency Bylaws
The board of directors may create emergency bylaws to prepare for the circumstance that a minority of the directors are able to be contacted due to a local emergency, a state-wide emergency, or a state of war emergency.[5]