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2011 Idaho Code
TITLE 30 CORPORATIONS
CHAPTER 6 IDAHO UNIFORM LIMITED LIABILITY COMPANY ACT
PART 1. GENERAL PROVISIONS
30-6-104 NATURE, PURPOSE AND DURATION OF LIMITED LIABILITY COMPANY.


ID Code § 30-6-104 (2011 through Reg Sess) What's This?

30-6-104. Nature, purpose and duration of limited liability company. (1) A limited liability company is an entity distinct from its members.

(2) A limited liability company may have any lawful purpose.

(3) A limited liability company has perpetual duration.

(4) A limited liability company may have one (1) or more members.

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