Ariz. Rev. Stat. § 10-1302
A. A shareholder of a domestic corporation is entitled to dissent from and obtain payment of the fair value of the shareholder's shares in the event of any of the following corporate actions:
1. Consummation of a plan of merger to which the corporation is a party if either:
4. An amendment of the articles of incorporation that materially and adversely affects rights in respect of a dissenter's shares because it either: