2005 Idaho Code - 30-3-20 — ORGANIZATION OF CORPORATION

                                  TITLE  30
                                 CORPORATIONS
                                  CHAPTER 3
                       IDAHO NONPROFIT CORPORATION ACT
    30-3-20.  ORGANIZATION OF CORPORATION. (1) After incorporation:
    (a)  If initial directors are named in the articles of incorporation, the
    initial directors shall hold an organizational meeting, at the call of a
    majority of the directors, to complete the organization of the corporation
    by appointing officers, adopting bylaws and carrying on any other business
    brought before the meeting;
    (b)  If initial directors are not named in the articles, the incorporator
    or incorporators shall hold an organizational meeting at the call of a
    majority of the incorporators:
         (i)   To elect directors and complete the organization of the
         incorporation; or
         (ii)  To elect a board of directors who shall complete the
         organization of the corporation.
    (2)  Action required or permitted by this act to be taken by incorporators
at an organizational meeting may be taken without a meeting if the action
taken is evidenced by one (1) or more written consents describing the action
taken and signed by each incorporator.
    (3)  An organizational meeting may be held in or out of this state in
accordance with section 30-3-75, Idaho Code.