ARS § 10-2226 — United States — Arizona law | Esheria

ARS § 10-2226

In an appraisal proceeding, the court must determine the proceeding’s costs and normally assess them against the professional corporation, but it can shift costs to the disqualified shareholder in some cases. The court may also assess the shareholder’s counsel and expert fees against the corporation if the shareholder’

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Jurisdiction
United States — Arizona
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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appraisal proceedings court costs expert fees

Statute overview

About this statute

In an appraisal proceeding, the court must determine the proceeding’s costs and normally assess them against the professional corporation, but it can shift costs to the disqualified shareholder in some cases. The court may also assess the shareholder’s counsel and expert fees against the corporation if the shareholder’s shares were worth substantially more than the offer, or if no offer was made.