Ariz. Rev. Stat. § 10-11108

Current through L. 2024, ch. 259
Section 10-11108 - Requests, devises and gifts

Unless the will or other instrument otherwise specifically provides, any bequest, devise, gift, grant or promise that is contained in a will or other instrument of donation, subscription or conveyance, that is made to a domestic nonprofit corporation and that takes effect or remains payable after the transaction inures, as applicable, to the surviving entity in a merger, the acquiring entity in an interest exchange, the converted entity in a conversion, the domesticated entity in a domestication and, as specified in the statement of division, one or more of the resulting entities in a division.

A.R.S. § 10-11108

Amended by L. 2014, ch. 193,s. 40, eff. 12/31/2014.