We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

See Pricing

What's Your Topic?

Hire a Professional Writer Now

The input space is limited by 250 symbols

What's Your Deadline?

Choose 3 Hours or More.
2/4 steps

How Many Pages?

3/4 steps

Sign Up and See Pricing

"You must agree to out terms of services and privacy policy"
Get Offer

Impact of Arizona Constitution on Corporations

Hire a Professional Writer Now

The input space is limited by 250 symbols

Deadline:2 days left
"You must agree to out terms of services and privacy policy"
Write my paper

Impact of Arizona Constitution on Corporations

            The Arizona Constitution provides a framework for legitimate business operations in Arizona. This implies three things. One is the role of the constitution as in guiding sound business practice. Another is the determination of the limits and scope of legitimate business practice. Last is the function of the Arizona Constitution in regulating corporations. (McClory, 2001) Article 2 on the Bill of Rights, particularly the principles of fairness, respect, and dignity as well as freedom from harassment or intimidation (Arizona State Legislature, 2008) apply as important guides in human resource management policies such as hiring, firing, promotion, training and development, and work environment.

Don't use plagiarized sources. Get Your Custom Essay on
Impact of Arizona Constitution on Corporations
Just from $13,9/Page
Get custom paper

Business transactions with parties outside of the corporation also adhere to these principles such as in drawing contracts with individuals or other business firms. The Arizona Constitution has direct and indirect impact on corporations. Article IX on taxation provides for the power of the state and county authorities to collect taxes from corporations operating within its jurisdiction (Arizona State Legislature, 2008) making the payment of taxes a corporate legal obligation.

In addition, corporations need to know and follow guidelines on taxable income and possible exemptions to prevent penalties. Article XIII on municipal corporations and Article XIV on non-municipal corporations provide regulation of corporations through provisions on formation of corporations, licensing, registration and documents lodging, election of officers, and allowable business transactions and transacting parties (Arizona State Legislature, 2008). Corporations need to comply or operate within the limits of these provisions to ensure the continuity of business or be in good business standing. Article XV also created the Corporation Commission that facilitates incorporation processes and securities regulation (Arizona State Legislature, 2008). The body also holds an executive function in developing regulations for corporations and a judicial function as a venue for settling corporate claims (Arizona Corporate Commission, 2008).


Arizona Corporation Commission. (2008). Background and organization. Retrieved August 23, 2008, from http://www.cc.state.az.us/

Arizona States Legislature. (2008). Arizona Constitution. Retrieved August 23, 2008, from http://www.azleg.gov/const/Arizona_Constitution.pdf

McClory, T. (2001). Understanding the Arizona Constitution. Tucson, AZ: The University of Arizona Press.


Cite this Impact of Arizona Constitution on Corporations

Impact of Arizona Constitution on Corporations. (2016, Oct 16). Retrieved from https://graduateway.com/impact-of-arizona-constitution-on-corporations/

Show less
  • Use multiple resourses when assembling your essay
  • Get help form professional writers when not sure you can do it yourself
  • Use Plagiarism Checker to double check your essay
  • Do not copy and paste free to download essays
Get plagiarism free essay

Search for essay samples now

Haven't found the Essay You Want?

Get my paper now

For Only $13.90/page