3.3.7 Derivative Suits
| Jurisdiction | Arizona |
Derivative suits are civil suits brought by members in "the right of the corporation." A.R.S. Sec. 10-3630 to 10-3637 address derivative suits. Either members having 25% of the voting power or 50 members, whichever is less, can bring an action in superior court to procure a judgment in...
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