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A. A domestic close corporation may be a party to or otherwise undertake a merger, an interest exchange, a conversion, a domestication or a division by complying with chapters 11 and 13 of this title and title 29, chapter 6. For the purposes of this subsection:
1. References in chapters 11 and 13 of this title to:
(a) "Directors" are deemed references to managers.
(b) "Shares" are deemed references to capital units.
(c) "Shareholders" are deemed references to investors.
2. References in title 29, chapter 6 to:
(a) "Governors" are deemed references to managers.
(b) "Interest holders" are deemed references to investors.
(c) "Interests" are deemed references to capital units.
B. A plan of merger must be approved by all of the investors.
C. A plan of conversion must be approved by at least two-thirds of the investors.
D. A plan of interest exchange, domestication or division must be approved by a majority of the investors.
E. If a domestic close corporation is to be created in a merger, a conversion, a domestication or a division, the number of investors in the corporation on the effective date of the transaction may not exceed ten investors.
F. For the purposes of this section:
1. "Conversion" means a transaction authorized by title 29, chapter 6, article 4.
2. "Division" means a transaction authorized by title 29, chapter 6, article 6.
3. "Domestication" means a transaction authorized by title 29, chapter 6, article 5.
4. "Interest exchange" means a transaction authorized by title 29, chapter 6, article 3.
5. "Merger" means a transaction authorized by title 29, chapter 6, article 2.
FILED Deanne Romo CLERK, SUPERIOR COURT 06/16/2023 2:43PM BY: SMAESTAS …
Jun 16, 2023
OPEN
EXHIBIT A | LEGAL DESCRIPTION THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF ' MOHAVE, STATE OF ARIZONA AND IS DESCRIBED AS FOLLOWS: | THE NORTH 1/2 OF THE SOUTHWEST QUARTER OF THE NORTH HALF OF PARCEL 277, AS SHOWN ON ROADWAY EASEMENT PLAT RECORDED MAY 20,1976, AT FEE | NO. 76-14573, RECORDS OF MOHAVE COUNTY, ARIZONA AND BEING A DIVISION | OF THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 10, TOWNSHIP 21 NORTH, RANGE 19 WES…
Clerk of the Superior Court *** Electronically Filed *** M. De La Cruz, Deputy 1/19/2023 4:28:45 PM …
Maricopa County, AZ
Jan 19, 2023
CV
FILED Amy Hunley CLERK, SUPERIOR COURT 06/15/2023 2:57PM BY: CSCHAFFE…
Jun 15, 2023
OPEN
At some om David J Silver rib re y% Jat 3789 N Barbara Drive …
Mar 22, 2024
OPEN
Navajo County, AZ
Mar 22, 2024
C83
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