What document establishes the requirements for not-for-profit corporations in Arizona?

The Arizona Nonprofit Corporation Act is the primary legal framework that stipulates the requirements and regulations governing not-for-profit corporations in the state of Arizona. This act encompasses various critical aspects, including the formation, operation, governance, and dissolution of nonprofit entities. It provides specific guidelines on the incorporation process, the roles and responsibilities of directors and officers, and the maintenance of compliance with state laws, ensuring these organizations operate in a lawful and effective manner.

The other options pertain to different aspects of corporate law and governance. The Arizona Corporate Governance Code relates to the broader scope of corporate governance for various business entities rather than exclusively addressing the nonprofit sector. The Arizona Business Structure Act focuses on the types of business entities that can be established and does not specifically address nonprofit corporations. Finally, the Arizona Nonprofit Governance Act, while it may involve governance issues in a nonprofit context, does not serve as the primary framework for establishing requirements specifically for not-for-profit corporations like the Arizona Nonprofit Corporation Act does.