2011 Idaho Code
TITLE 30 CORPORATIONS
CHAPTER 1 GENERAL BUSINESS CORPORATIONS
PART 14. DISSOLUTION
30-1-1433 DECREE OF DISSOLUTION.
30-1-1433. Decree of dissolution. (1) If after a hearing the court determines that one (1) or more grounds for judicial dissolution described in section 30-1-1430, Idaho Code, exist, it may enter a decree dissolving the corporation and specifying the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the secretary of state, who shall file it.
(2) After entering the decree of dissolution, the court shall direct the winding up and liquidation of the corporation’s business and affairs in accordance with section 30-1-1405, Idaho Code, and the notification of claimants in accordance with sections 30-1-1406 and 30-1-1407, Idaho Code.
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