2005 Idaho Code - 30-3-24 — GENERAL POWERS

                                  TITLE  30
                                 CORPORATIONS
                                  CHAPTER 3
                       IDAHO NONPROFIT CORPORATION ACT
    30-3-24.  GENERAL POWERS. Unless its articles of incorporation provide
otherwise, every corporation has perpetual duration and succession in its
corporate name and has the same powers as an individual to do all things
necessary or convenient to carry out its affairs including, without
limitation, power:
    (1)  To sue and be sued, complain and defend in its corporate name;
    (2)  To have a corporate seal, which may be altered at will, and to use
it, or a facsimile of it, by impressing or affixing or in any other manner
reproducing it;
    (3)  To make and amend bylaws not inconsistent with its articles of
incorporation or with the laws of this state, for regulating and managing the
affairs of the corporation;
    (4)  To purchase, receive, lease or otherwise acquire, and own, hold,
improve, use and otherwise deal with, real property, including water and water
rights, and personal property, or any legal or equitable interest in property,
wherever located;
    (5)  To sell, convey, mortgage, pledge, lease, exchange and otherwise
dispose of all or any part of its property;
    (6)  To purchase, receive, subscribe for or otherwise acquire, own, hold,
vote, use, sell, mortgage, lend, pledge, or otherwise dispose of, and deal in
and with, shares or other interests in or obligations of any entity;
    (7)  To make contracts and guaranties, incur liabilities, borrow money,
issue notes, bonds and other obligations, and secure any of its obligations by
mortgage or pledge of any of its property, franchises, or income;
    (8)  To lend money, invest and reinvest its funds, and receive and hold
real and personal property as security for repayment, except as limited by
section 30-3-82, Idaho Code;
    (9)  To be a promoter, partner, member, associate or manager of any
partnership, joint venture, trust or other entity;
    (10) To conduct its activities, locate offices and exercise the powers
granted by this act within or without this state;
    (11) To elect or appoint directors, officers, employees and agents of the
corporation, define their duties and fix their compensation;
    (12) To pay pensions and establish pension plans, pension trusts and other
benefit and incentive plans for any or all of its current or former directors,
officers, employees and agents;
    (13) To make donations not inconsistent with law for the public welfare or
for charitable, religious, scientific or educational purposes and for other
purposes that further the corporate interest;
    (14) To impose dues, assessments, admission and transfer fees upon its
members, and to levy assessments upon the outstanding shares of stock, of a
corporation with capital stock, if authorized by the articles of incorporation
of that corporation;
    (15) To establish conditions for admission of members, admit members and
issue memberships;
    (16) To carry on a business;
    (17) To do all things necessary or convenient, not inconsistent with law,
to further the activities and affairs of the corporation.

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