Plain English Breakdown
The exact nature of the technical correction is limited to the amendment of section 10-3101 and its impact on citation.
Technical Fix for Nonprofit Corporations
This bill amends section 10-3101 of the Arizona Revised Statutes to clarify how chapters 24 through 40 can be cited.
What This Bill Does
- Amends section 10-3101 of the Arizona Revised Statutes.
- Clarifies that chapters 24 through 40 of Title 10 may be cited as the 'Arizona Nonprofit Corporation Act'.
Who It Names or Affects
- Nonprofit organizations in Arizona
- People who work with or study Arizona's nonprofit laws
Terms To Know
- nonprofit corporation act
- A set of rules that govern how nonprofits are run and managed in a state.
- Arizona Revised Statutes
- The official collection of laws for the state of Arizona.
Limits and Unknowns
- This bill only makes technical changes to existing law, not major policy shifts.
- It does not create new rights or responsibilities for nonprofits beyond clarifying how they are named in the statutes.