2005 Idaho Code - 30-3-46 — ANNUAL AND REGULAR MEETINGS

                                  TITLE  30
                                 CORPORATIONS
                                  CHAPTER 3
                       IDAHO NONPROFIT CORPORATION ACT
    30-3-46.  ANNUAL AND REGULAR MEETINGS. (1) A corporation with members
shall hold a membership meeting annually at a time stated in or fixed in
accordance with the bylaws.
    (2)  A corporation with members may hold regular membership meetings at
the times stated in or fixed in accordance with the bylaws.
    (3)  Annual and regular membership meetings may be held in or out of this
state at the place stated in or fixed in accordance with the bylaws.  If no
place is stated in or fixed in accordance with the bylaws, annual and regular
meetings shall be held at the corporation's principal office.
    (4)  At the annual meeting:
    (a)  The president and chief financial officer shall report on the
    activities and financial condition of the corporation; and
    (b)  The members shall consider and act upon such other matters as may be
    raised consistent with the notice requirements of section 30-3-50, Idaho
    Code.
    (5)  At regular meetings the members shall consider and act upon such
matters as may be raised consistent with the notice requirements of sections
[section] 30-3-50, Idaho Code.
    (6)  The failure to hold an annual or regular meeting at a time stated in
or fixed in accordance with a corporation's bylaws does not affect the
validity of any corporate action.