Section 30-30-1005 – KNOWN CLAIMS AGAINST DISSOLVED CORPORATION.
30-30-1005. KNOWN CLAIMS AGAINST DISSOLVED CORPORATION. (1) The directors of a dissolved corporation may dispose of the known claims against it by following the procedure described in this section. (2) The directors of a dissolved corporation shall notify its known claimants in writing of the dissolution at any time after its effective date. The written […]
Section 30-30-1006 – UNKNOWN CLAIMS AGAINST DISSOLVED CORPORATION.
30-30-1006. UNKNOWN CLAIMS AGAINST DISSOLVED CORPORATION. (1) The directors of a dissolved corporation may also publish notice of its dissolution and request that persons with claims against the corporation present them in accordance with the notice. (2) The notice must: (a) Be published one (1) time in a newspaper of general circulation in the county […]
Section 30-30-1101 – CORPORATE RECORDS.
30-30-1101. CORPORATE RECORDS. (1) A corporation shall keep as permanent records minutes of all meetings of its members and board of directors, a record of all actions taken by the members or directors without a meeting, and a record of all actions taken by committees of the board of directors as authorized in section 30-30-617(4), […]
Section 30-30-1102 – INSPECTION OF RECORDS BY MEMBERS.
30-30-1102. INSPECTION OF RECORDS BY MEMBERS. (1) Subject to subsection (5) of this section and section 30-30-1103(3), Idaho Code, a member is entitled to inspect and copy, at a reasonable time and location specified by the corporation, any of the records of the corporation described in section 30-30-1101(5), Idaho Code, if the member gives the […]
Section 30-30-1103 – SCOPE OF INSPECTION RIGHTS.
30-30-1103. SCOPE OF INSPECTION RIGHTS. (1) A member’s agent or attorney has the same inspection and copying rights as the member the agent or attorney represents. (2) The right to copy records under section 30-30-1102, Idaho Code, includes, if reasonable, the right to receive copies made by photographic, xerographic, or other means. (3) The corporation […]
Section 30-30-1104 – LIMITATIONS ON USE OF MEMBERSHIP LIST.
30-30-1104. LIMITATIONS ON USE OF MEMBERSHIP LIST. Without consent of the board, a membership list or any part thereof may not be obtained or used by any person for any purpose unrelated to a member’s interest as a member. Without limiting the generality of the foregoing and without the consent of the board, a membership […]
Section 30-30-1105 – FINANCIAL STATEMENTS FOR MEMBERS.
30-30-1105. FINANCIAL STATEMENTS FOR MEMBERS. (1) Except as provided in the articles or bylaws of a religious corporation, a corporation upon written demand from a member shall furnish that member its latest annual financial statements, which may be consolidated or combined statements of the corporation and one (1) or more of its subsidiaries or affiliates, […]
Section 30-30-1106 – REPORT OF INDEMNIFICATION TO MEMBERS.
30-30-1106. REPORT OF INDEMNIFICATION TO MEMBERS. If a corporation indemnifies or advances expenses to a director under section 30-30-626, Idaho Code, in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next […]
Section 30-30-1201 – APPLICATION TO EXISTING DOMESTIC NONPROFIT CORPORATIONS.
30-30-1201. APPLICATION TO EXISTING DOMESTIC NONPROFIT CORPORATIONS. This chapter applies to all domestic nonprofit corporations in existence on July 1, 2015, that were incorporated under the laws of this state. History: [30-30-1201, added 2015, ch. 243, sec. 85, p. 1006; am. 2015, ch. 337, sec. 1, p. 1269.]
Section 30-30-1202 – APPLICATION TO QUALIFIED FOREIGN NONPROFIT CORPORATION.
30-30-1202. APPLICATION TO QUALIFIED FOREIGN NONPROFIT CORPORATION. A foreign nonprofit corporation authorized to transact business in this state on July 1, 2015, is subject to this chapter but is not required to obtain a new certificate of authority to transact business under this chapter. History: [30-30-1202, added 2015, ch. 243, sec. 85, p. 1006; am. […]