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. […]
Section 30-30-1203 – APPLICATION TO CANAL COMPANIES AND CAREY ACT COMPANIES.
30-30-1203. APPLICATION TO CANAL COMPANIES AND CAREY ACT COMPANIES. Should any provision of this chapter, as it pertains to canal companies or Carey act companies, conflict with the provisions of title 42, Idaho Code, the provisions of title 42, Idaho Code, shall prevail. History: [30-30-1203, added 2015, ch. 243, sec. 85, p. 1006.]
Section 30-30-905 – AUTHORIZED DISTRIBUTIONS.
30-30-905. AUTHORIZED DISTRIBUTIONS. (1) Corporations may make distributions upon dissolution in conformity with section 30-30-1005 or 30-30-1006, Idaho Code. (2) The operations of a corporation that is a cooperative corporation shall be so conducted that all members will, through their membership, furnish capital for the corporation as provided in the corporation’s bylaws. No interest or […]
Section 30-30-1204 – SAVING PROVISIONS.
30-30-1204. SAVING PROVISIONS. (1) Except as provided in subsection (2) of this section, the repeal of a statute by this chapter does not affect: (a) The operation of the statute or any action taken under it before its repeal; (b) Any ratification, right, remedy, privilege, obligation or liability acquired, accrued or incurred under the statute […]
Section 30-30-1001 – DISSOLUTION BY INCORPORATORS OR DIRECTORS AND THIRD PERSONS.
30-30-1001. DISSOLUTION BY INCORPORATORS OR DIRECTORS AND THIRD PERSONS. (1) A majority of the incorporators or directors of a corporation that has no members may, prior to the organization meeting of directors and subject to any approval required by the articles or bylaws, dissolve the corporation by delivering to the secretary of state articles of […]
Section 30-30-704 – CLASS VOTING BY MEMBERS ON AMENDMENTS TO ARTICLES.
30-30-704. CLASS VOTING BY MEMBERS ON AMENDMENTS TO ARTICLES. (1) The members of a class in a corporation are entitled to vote as a class on a proposed amendment to the articles if the amendment would: (a) Affect the rights, privileges, preferences, restrictions or conditions of that class as to voting, dissolution, redemption or transfer […]
Section 30-30-705 – ARTICLES OF AMENDMENT.
30-30-705. ARTICLES OF AMENDMENT. A corporation amending its articles shall deliver to the secretary of state articles of amendment setting forth: (1) The name of the corporation; (2) The text of each amendment adopted; (3) The date of each amendment’s adoption; (4) If approval of members was not required, a statement to that effect and […]
Section 30-30-706 – RESTATED ARTICLES OF INCORPORATION.
30-30-706. RESTATED ARTICLES OF INCORPORATION. (1) A corporation’s board of directors may restate its articles of incorporation at any time with or without approval by members or any other person. (2) The restatement may include one (1) or more amendments to the articles. If the restatement includes an amendment requiring approval by the members or […]