2005 Idaho Code - 30-3-17 — ARTICLES OF INCORPORATION

                                  TITLE  30
                                 CORPORATIONS
                                  CHAPTER 3
                       IDAHO NONPROFIT CORPORATION ACT
    30-3-17.  ARTICLES OF INCORPORATION. (1) The articles of incorporation
must set forth:
    (a)  A corporate name for the corporation that satisfies the requirements
    of section 30-3-27, Idaho Code;
    (b)  The purpose or purposes for which the corporation is organized, which
    may be, either alone or in combination with other purposes, the
    transaction of any lawful activity;
    (c)  The names and addresses of the individuals who are to serve as the
    initial directors;
    (d)  The street address of the corporation's initial registered office and
    the name of its initial registered agent at that office;
    (e)  The name and address of each incorporator;
    (f)  Whether or not the corporation will have members; and
    (g)  Provisions not inconsistent with law regarding the distribution of
    assets on dissolution.
    (2)  The articles of incorporation may set forth:
    (a)  Provisions not inconsistent with law regarding:
         (i)   Managing and regulating the affairs of the corporation;
         (ii)  Defining, limiting and regulating the powers of the
         corporation, its board of directors, and members or any class of
         members; and
         (iii) The characteristics, qualifications, rights, limitations and
         obligations attaching to each or any class of members.
    (b)  Any provision that under this act is required or permitted to be set
    forth in the bylaws.
    (3)  Each incorporator named in the articles must sign the articles.
    (4)  The articles of incorporation need not set forth any of the
corporation powers enumerated in this act.
    (5)  The articles of incorporation may authorize assessments to be levied
upon all members or classes of membership alike, or upon the outstanding
shares of stock of the corporation that issues shares of stock instead of
memberships pursuant to its articles of incorporation, or in different amounts
or proportions or upon a different basis upon different members or classes of
membership, and may exempt some members or classes of membership from
assessments. The articles of incorporation may fix the amount and method of
collection of assessments, or may authorize the board of directors to fix the
amount thereof, from time to time, and may make them payable at such times or
intervals, and upon such notice and by such methods as the directors may
prescribe.  Assessments may be made enforceable by civil action or by the
forfeiture of membership, or both, or by the sale of shares of the capital
stock of a stockholder in a corporation that issues shares of stock instead of
memberships, when authorized by the articles of incorporation of said
corporation, upon notice given in writing twenty (20) days before commencement
of such action or such forfeiture. If the articles of incorporation so
provide, assessments may be secured by a lien upon real property to which
membership rights are appurtenant, if appropriate, or upon the shares of stock
of a stockholder or shareholder corporation, when authorized by its articles
of incorporation.

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