Arizona Laws > Title 40 > Chapter 2 > Article 2 – Accounting
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Terms Used In Arizona Laws > Title 40 > Chapter 2 > Article 2 - Accounting
- Commission: means the corporation commission. See Arizona Laws 40-201
- 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.
- including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
- Outlays: Outlays are payments made (generally through the issuance of checks or disbursement of cash) to liquidate obligations. Outlays during a fiscal year may be for payment of obligations incurred in prior years or in the same year.
- Property: includes both real and personal property. See Arizona Laws 1-215
- United States: includes the District of Columbia and the territories. See Arizona Laws 1-215