DO NOT FILE bylaws with the Arizona Corporation. Commission. How do I complete the shares information?Arizona articles of incorporation are filed to create a corporation. This guide provides instructions and tips when preparing and filing this legal document. The articles of incorporation shall authorize both of the following: 1. One or more classes of shares that together have unlimited voting rights. 2. "Authorized shares" means the shares of all classes that a domestic or foreign corporation is authorized to issue. 8. What are Authorized Shares? State law specifies that shares of stock in the corporation will be issued under the direction of the board of directors. A foreign corporation authorized to transact business in Arizona.