Thomas Cifelli
Tom Cifelli Law
Phone pending
About Thomas Cifelli
Please visit www.TomCifelliLaw.com
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Education
- Law School: U of Southern California
Common questions about Business Law in Arizona
Answered by Arizona Attorney Search Network
What does the Arizona Corporation Commission regulate?
The ACC under Article XV of the Arizona Constitution regulates incorporated entities (filings, annual reports), public utilities and pipelines, securities offerings, and railroad and utility safety. Business entity matters include filing Articles of Incorporation/Organization, accepting service of process, and maintaining the public corporate registry.
How long do business contracts have a statute of limitations in Arizona?
Written contracts: 6 years under ARS § 12-548. Oral contracts: 3 years under ARS § 12-543. UCC contracts for the sale of goods: 4 years under ARS § 47-2725. Open accounts: 3 years. The clock starts when the breach occurs (or, sometimes, when it's discovered). Acknowledging the debt or making partial payment can restart the clock under ARS § 12-508.
How do I form an LLC in Arizona?
File Articles of Organization with the Arizona Corporation Commission under ARS § 29-3201, designate a statutory agent (ARS § 29-3115), and adopt an operating agreement. Arizona does not require LLCs to publish notice of formation in most counties as of 2017, though Maricopa and Pima exemptions remain. Filing fees are modest, and Arizona does not require an annual report or fee for LLCs.