Arizona Laws 10-3806. Staggered terms for directors
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The articles of incorporation or bylaws may provide for staggering the directors’ terms of office by dividing the total number of directors into two or more groups. The terms of office of the several groups need not be uniform.
Terms Used In Arizona Laws 10-3806
- Articles of incorporation: means the original or restated articles of incorporation or articles of merger and all amendments to the articles of incorporation or merger and includes amended and restated articles of incorporation and articles of amendment and merger. See Arizona Laws 10-140
- Bylaws: means the code of rules adopted for the regulation or management of the affairs of the corporation irrespective of the name by which those rules are designated. See Arizona Laws 10-140