Insurance for indemnification
- Statute:
- Arizona §10-3856 · Title 10-NP (Title 10 — Nonprofit Corporations)
- Topic:
- Officers & Directors · D&O insurance
- Applies to:
- Nonprofit associations
A nonprofit may purchase D&O insurance for directors and officers.
📄 Read the official text at azleg.gov →
How SoShiny helps with Insurance for indemnification
SoShiny keeps your board roster, officer titles (President, VP, Secretary, Treasurer, Director), and election history current in one place — so the statutory requirement to identify directors and officers is always one click away.
See the feature → Start freeFrequently asked
- What does Arizona §10-3856 require?
- A nonprofit may purchase D&O insurance for directors and officers.
- Who does Arizona §10-3856 apply to?
- Arizona §10-3856 applies to Nonprofit associations in Arizona.
- What happens if our nonprofit corporation doesn't comply with §10-3856?
- Non-compliance with ARS Title 33 can expose the association and individual directors to civil suit. Arizona HOA and condominium disputes go through OAH (Office of Administrative Hearings) under ARS §32-2199 for certain claims, or to civil court otherwise. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of Arizona §10-3856?
- The official text is published by the Arizona Legislature at azleg.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Insurance for indemnification?
- SoShiny keeps your board roster, officer titles (President, VP, Secretary, Treasurer, Director), and election history current in one place — so the statutory requirement to identify directors and officers is always one click away. Learn more →
Not legal advice. This page is a plain-English summary of Arizona §10-3856 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Arizona-licensed attorney. For the official statutory text, see the link above.
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