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2016 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 29 - GENERAL BUSINESS CORPORATIONS
Part 7 - SHAREHOLDERS
Section 30-29-726 - ACTION BY SINGLE AND MULTIPLE VOTING GROUPS.

ID Code § 30-29-726 (2016) What's This?

30-29-726. ACTION BY SINGLE AND MULTIPLE VOTING GROUPS. (1) If the articles of incorporation or this chapter provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 30-29-725, Idaho Code.
(2) If the articles of incorporation or this chapter provide for voting by two (2) or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 30-29-725, Idaho Code. Action may be taken by one (1) voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.

History:
[30-29-726, added 2015, ch. 243, sec. 62, p. 922.]

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