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 30-30-624 – RESIGNATION AND REMOVAL OF OFFICERS.
30-30-624. RESIGNATION AND REMOVAL OF OFFICERS. (1) An officer may resign at any time by delivering notice to the corporation. A resignation is effective when the notice is effective unless the notice specifies a future effective date. If a resignation is made effective at a future date and the corporation accepts the future effective date, […]
Section 30-30-901 – BEQUESTS, DEVISES AND GIFTS.
30-30-901. BEQUESTS, DEVISES AND GIFTS. Any bequest, devise, gift, grant or promise contained in a will or other instrument of donation, subscription, or conveyance, that is made to a constituent corporation and that takes effect or remains payable after the merger, inures to the surviving corporation unless the will or other instrument otherwise specifically provides. […]
Section 30-30-625 – OFFICERS’ AUTHORITY TO EXECUTE DOCUMENTS.
30-30-625. OFFICERS’ AUTHORITY TO EXECUTE DOCUMENTS. Any contract or other instrument in writing executed or entered into between a corporation and any other person is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the […]