2014 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 3 - IDAHO NONPROFIT CORPORATION ACT
Section 30-3-110 - DISSOLUTION BY INCORPORATORS OR DIRECTORS AND THIRD PERSONS.
(2) The corporation shall give notice of any meeting at which dissolution will be approved. The notice shall be in accordance with section 30-3-76(3), Idaho Code. The notice must also state that the purpose, or one (1) of the purposes, of the meeting is to consider dissolution of the corporation.
(3) The incorporators or directors in approving dissolution shall adopt a plan of dissolution indicating to whom the assets owned or held by the corporation will be distributed after all creditors have been paid.
History:
[30-3-110, added 1993, ch. 220, sec. 2, p. 731.]
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