Arizona Laws 10-125. Filing duty of commission
A. At the time of delivery of a document to the commission, the commission shall stamp, endorse or attach the date and time of delivery of the document.
Terms Used In Arizona Laws 10-125
- Commission: means the Arizona corporation commission. See Arizona Laws 10-140
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Delivery: means actual receipt by the person or entity to which directed and for electronic transmissions means receipt as described in section 44-7015, subsection B. See Arizona Laws 10-140
- Filing: means the commission completing the following procedure with respect to any document delivered for that purpose:
(a) Determining that the filing fee requirements of section 10-122 have been satisfied. See Arizona Laws 10-140
- Foreign corporation: means a corporation for profit that is incorporated under a law other than the law of this state. See Arizona Laws 10-140
- written: includes blockchain technology as defined in section 44-7061. See Arizona Laws 10-140
B. The commission shall file a document delivered to the commission for filing if both of the following apply:
1. The commission determines that the document satisfies the requirements of chapters 1 through 17 of this title.
2. The corporation filing the document or on whose behalf the document is being filed is in good standing within the meaning of section 10-128.
C. The commission may file a document delivered to the commission in which either the corporation has filed articles of dissolution or the corporation has filed a document that is required to bring the corporation into good standing. The commission shall provide notice of the filing to the domestic or foreign corporation or its representative.
D. If the commission refuses to file a document, it shall provide notice of the refusal to the domestic or foreign corporation or its representative within five days after the determination of refusal to file, together with a brief written explanation of the reason for the refusal.
E. The filing or refusing to file a document by the commission does not:
1. Affect the validity or invalidity of the document in whole or part, except to the extent that filing is required to make the document valid.
2. Relate to the correctness or incorrectness of information contained in the document.
3. Create a presumption that the document is valid or invalid or that information contained in the document is correct or incorrect.