35-703. Articles of incorporation of industrial
development authority
In addition to the requirements of title 10, the articles of incorporation shall set
forth:
1. The names and residences of the applicants, together with a recital that each of
them is a qualified elector of the municipality or the county or, in the case of a
corporation to be formed with the permission of the Arizona board of regents, a qualified
elector of this state.
2. The name of the corporation, which shall be "the industrial development
authority of the ++++++++++++++++++++ of +++++++++++++++++ ," (the blank spaces to be
filled in with the name of the municipality or county). In the case of a corporation
formed with the permission of the Arizona board of regents the name shall be the "Arizona
research park authority".
3. A recital that permission to organize the authority has been granted by
resolution duly adopted by the governing body of the municipality or county and the date
of the adoption of such resolution.
4. The location of the principal office of the authority, which shall be in the
municipality or county. In the case of a corporation formed with the permission of the
Arizona board of regents the principal office of the corporation shall be the principal
office of the Arizona board of regents.
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