2005 Idaho Code - 53-668 — RULES OF CONSTRUCTION

                                  TITLE  53
                                 PARTNERSHIP
                                  CHAPTER 6
                     IDAHO LIMITED LIABILITY COMPANY ACT
    53-668.  RULES OF CONSTRUCTION. (1) It is intended that the provisions of
this chapter give maximum effect to the principle of freedom of contract and
to the enforceability of operating agreements.
    (2)  Unless displaced by particular provisions of this chapter, the
principles of law and equity supplement the provisions of this chapter.
    (3)  Rules that statutes in derogation of the common law are to be
strictly construed shall have no application to the provisions of this
chapter.
    (4)  Neither the provisions of this chapter nor any amendments thereto
shall be construed so as to impair the obligations of any contract existing
when this law or any amendments thereto go into effect, nor to affect any
action or proceedings begun or right accrued before this law or any amendments
thereto take effect.