1. How do I form a corporation? 2. How do I form a nonprofit corporation?Arizona law requires that the stockholders hold an annual meeting. This guide will help you file formation documents, get tax identification numbers, and set up your company records. Conducting a successful annual meeting requires knowledge of the association's documents, planning, organization, preparation and execution of the plan. The Maricopa County Board of Supervisors Formal and Informal meetings are open to the public and will proceed under ARS 38-431 et.al. There are no requirements to file meeting minutes but the state copies should be kept with the corporate records. S corporations complete this form to distribute the S corporation's income to Arizona resident shareholders. Arizona law requires that the stockholders hold an annual meeting. Arizona Revised Statutes Section 103206 requires all Arizona nonprofit corporations to have Bylaws.