Terms Used In Arizona Laws > Title 29 > Chapter 7 > Article 11 - Professional Limited Liability Companies

• Articles of organization: means the articles required by section 29-3201. See Arizona Laws 29-3102
• Commission: means the corporation commission. See Arizona Laws 29-3102
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
• Jurisdiction: when used to refer to a political entity, means the United States, a state, a foreign country or a political subdivision of a foreign country. See Arizona Laws 29-3102
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• License: means a license, a certificate of registration or any other evidence of the satisfaction of the requirements of a licensing authority for the practice of a professional service. See Arizona Laws 29-4101
• Licensed person: means a person who is duly licensed by at least one licensing authority to provide at least one of the categories of professional services rendered by the professional limited liability company. See Arizona Laws 29-4101
• Licensing authority: means the officer, board, agency, court or other authority empowered by law to license or otherwise authorize the rendition of a professional service. See Arizona Laws 29-4101
• Manager: means a person that under the operating agreement of a manager-managed limited liability company is responsible, alone or in concert with others, for performing the management functions stated in section 29-3407, subsection C. See Arizona Laws 29-3102
• Member: means a person that both:

  (a) Has become a member of a limited liability company under section 29-3401 or was a member in a company when the company became subject to this chapter under section 29-3110. See Arizona Laws 29-3102

• Person: means an individual, business corporation, nonprofit corporation, partnership, limited partnership, limited liability company, general cooperative association, limited cooperative association, unincorporated nonprofit association, statutory trust, business trust, common-law business trust, estate, trust, association, joint venture, public corporation or government or governmental subdivision, agency or instrumentality or any other legal or commercial entity. See Arizona Laws 29-3102
• Professional limited liability company: means a limited liability company organized under this chapter for purposes that include rendering one or more categories of professional services. See Arizona Laws 29-4101
• Professional service: means a service that may be lawfully rendered only by a licensed person or person otherwise authorized by a licensing authority to render the service. See Arizona Laws 29-4101
• State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands or any territory or insular possession subject to the jurisdiction of the United States. See Arizona Laws 29-3102
• Transfer: includes :

  (a) An assignment. See Arizona Laws 29-3102

• Transferable interest: means the right, as initially owned by a person in the person's capacity as a member, to receive distributions from a limited liability company, whether or not the person remains a member or continues to own any part of the right, and applies to any fraction of the interest, by whomever owned. See Arizona Laws 29-3102