§ 6-467 Authority to liquidate
§ 6-468 Decision to liquidate; adoption of plan
§ 6-469 Election of liquidators; report; supervision
§ 6-470 Protection and liquidation of assets
§ 6-471 Filing and payment of claims
§ 6-472 Final distribution and dissolution

Terms Used In Arizona Laws > Title 6 > Chapter 3 > Article 7 - Voluntary Liquidation

  • Accessible electronic file: means , until a national file format is adopted by the United States department of education, a digital file in a mutually agreed on by the publisher and the local educational agency electronic file format that has been prepared using a markup language that maintains the structural integrity of the information and can be processed by conversion software. See Arizona Laws 15-731
  • Account: means withdrawable capital deposited with or invested in an association in accordance with any plan authorized by this chapter unless such term is otherwise designated or qualified. See Arizona Laws 6-401
  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Adult: means a person who has attained eighteen years of age. See Arizona Laws 1-215
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Arrest: Taking physical custody of a person by lawful authority.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Association: means every association to which this chapter applies as defined in the section concerning scope of chapter. See Arizona Laws 6-401
  • Authorized entity: means an authorized entity, as defined by 17 United States Code § 121, that commonly provides alternative format school materials that are accessible by schools in this state and that has the vendor's authorization to make alternative formats. See Arizona Laws 15-731
  • Average daily membership: means the total enrollment of fractional students and full-time students, minus withdrawals, of each school day through the first one hundred days or two hundred days in session, as applicable, for the current year. See Arizona Laws 15-901
  • Base: means the revenue level per student count specified by the legislature. See Arizona Laws 15-901
  • Certificated teacher: means a person who holds a certificate from the state board of education to work in the schools of this state and who is employed under contract in a school district in a position that requires certification except a psychologist or an administrator who devotes at least fifty percent of the person's time to classroom teaching. See Arizona Laws 15-501
  • Charter school: means a public school established by contract with the state board of education, the state board for charter schools, a university under the jurisdiction of the Arizona board of regents, a community college district or a group of community college districts pursuant to article 8 of this chapter to provide learning that will improve pupil achievement. See Arizona Laws 15-101
  • Child with a disability: means a pupil who is subject to an individualized education program pursuant to the individuals with disabilities education act (20 United States Code §§ 1400 through 1415) or a pupil with a section 504 plan, and whose section 504 accommodation plan requires the use of instructional materials in a specialized format. See Arizona Laws 15-731
  • Child with a disability: means a child with a disability as defined in section 15-761. See Arizona Laws 15-101
  • Common school district: means a political subdivision of this state offering instruction to students in programs for preschool children with disabilities and kindergarten programs and either:

    (a) Grades one through eight. See Arizona Laws 15-901

  • Competency: means a demonstrated ability in a skill at a specified performance level. See Arizona Laws 15-101
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • 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.
  • Course: means organized subject matter in which instruction is offered within a given period of time and for which credit toward promotion, graduation or certification is usually given. See Arizona Laws 15-101
  • Course of study: means a list of required and optional subjects to be taught in the schools. See Arizona Laws 15-101
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deputy director: means the deputy director of the financial institutions division of the department. See Arizona Laws 6-101
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • ELL: means English learners who do not speak English or whose native language is not English, who are not currently able to perform ordinary classroom work in English and who are enrolled in an English language education program pursuant to sections 15-751, 15-752 and 15-753. See Arizona Laws 15-901
  • enrollment: means that a pupil is currently registered in the school district. See Arizona Laws 15-901
  • 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.
  • Executive session: A portion of the Senate's daily session in which it considers executive business.
  • Fiscal year: means the year beginning July 1 and ending June 30. See Arizona Laws 15-101
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Full-time: means to be employed for a full school day, or its equivalent, or for a full class load, or its equivalent, as determined by the governing board. See Arizona Laws 15-501
  • Governing board: means the governing board of a school district or a county school superintendent in the case of accommodation schools located in such a county. See Arizona Laws 15-501
  • Governing board: means a body organized for the government and management of the schools within a school district or a county school superintendent in the conduct of an accommodation school. See Arizona Laws 15-101
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • High school district: means a political subdivision of this state offering instruction to students for grades nine through twelve or that portion of the budget of a common school district that is allocated to teaching high school subjects with permission of the state board of education. See Arizona Laws 15-901
  • Inadequacy of classroom performance: means the definition of inadequacy classroom performance adopted by the governing board pursuant to section 15-538. See Arizona Laws 15-501
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Insured association: means an association, the accounts of which are insured wholly or in part by an insurance corporation. See Arizona Laws 6-401
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Magistrate: means an officer having power to issue a warrant for the arrest of a person charged with a public offense and includes the chief justice and justices of the supreme court, judges of the superior court, judges of the court of appeals, justices of the peace and judges of a municipal court. See Arizona Laws 1-215
  • Markup: The process by which congressional committees and subcommittees debate, amend, and rewrite proposed legislation.
  • Minor: means a person under eighteen years of age. See Arizona Laws 1-215
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Nontest: means not relating to knowledge or skills in reading, writing, mathematics, social studies, science or any other course. See Arizona Laws 15-101
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Parent: means the natural or adoptive parent of a child or a person who has custody of a child. See Arizona Laws 15-101
  • Performance classifications: means the performance classifications adopted by the governing board. See Arizona Laws 15-501
  • person: means an individual, partnership, corporation, association or public or private organization of any kind. See Arizona Laws 15-101
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Population: means the population according to the most recent United States decennial census. See Arizona Laws 1-215
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Private school: means a nonpublic institution where instruction is imparted. See Arizona Laws 15-101
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Process: means a citation, writ or summons issued in the course of judicial proceedings. See Arizona Laws 1-215
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • public school: means any public institution established for the purposes of offering instruction to pupils in programs for preschool children with disabilities, kindergarten programs or any combination of elementary grades or secondary grades one through twelve. See Arizona Laws 15-101
  • published: means printed in the English language in a newspaper of general circulation published in the community in which the association's business office is located or if no such newspaper exists in said community then in the county in which such business office is located. See Arizona Laws 6-401
  • Qualified evaluator: means a school principal or other person who is trained to evaluate teachers and who is designated by the governing board to evaluate the school district's certificated teachers. See Arizona Laws 15-501
  • Registered mail: includes certified mail. See Arizona Laws 1-215
  • Regular school day: means the regularly scheduled class periods intended for instructional purposes. See Arizona Laws 15-901
  • School district: means a political subdivision of this state with geographic boundaries organized for the purpose of the administration, support and maintenance of the public schools or an accommodation school. See Arizona Laws 15-101
  • Small school district: means a school district that meets all of the following:

    (a) Has a student count of fewer than six hundred in kindergarten programs and grades one through eight or grades nine through twelve. See Arizona Laws 15-901

  • Statute: A law passed by a legislature.
  • Structural integrity: means the structure of all parts of the printed instructional material is kept intact to the extent feasible and as mutually agreed on by the publisher and the local educational agency. See Arizona Laws 15-731
  • Student count: means average daily membership as prescribed in this subsection for the fiscal year before the current year, except that for the purpose of budget preparation student count means average daily membership as prescribed in this subsection for the current year. See Arizona Laws 15-901
  • Subject: means a division or field of organized knowledge, such as English or mathematics, or a selection from an organized body of knowledge for a course or teaching unit, such as the English novel or elementary algebra. See Arizona Laws 15-101
  • Superintendent: means the superintendent of schools of a school district. See Arizona Laws 15-501
  • Suspension without pay: means suspension without pay for a period of time not to exceed ten school days. See Arizona Laws 15-501
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Unified school district: means a political subdivision of this state offering instruction to students in programs for preschool children with disabilities and kindergarten programs and grades one through twelve. See Arizona Laws 15-901
  • United States: includes the District of Columbia and the territories. See Arizona Laws 1-215
  • Uphold: The decision of an appellate court not to reverse a lower court decision.
  • Vendor: means a person or entity that offers printed or nonprinted instructional materials for commercial sale to a school district and other public schools. See Arizona Laws 15-731
  • Writing: includes printing. See Arizona Laws 1-215