What does Article 12 of the Arizona Constitution encompass?

Article 12 of the Arizona Constitution addresses matters relating to corporations and businesses operating within the state. This section establishes the legal framework for the management and regulation of corporations, ensuring that they are established and operated in accordance with state laws. It lays out the authority of the state over corporate entities, including provisions on taxes, liabilities, and governance. Thus, the focus of Article 12 is clear in its aim to provide guidelines and regulations that foster a fair corporate environment in Arizona, reflecting the state's interests in economic development and oversight.