There is a newer version
of
this Section
2017 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 17 - BUSINESS COMBINATION ACT
Section 30-1702 - DUTIES OF DIRECTOR.
Universal Citation: ID Code § 30-1702 (2017)
30-1702. Duties of director. In discharging the duties of the position of director of an issuing public corporation, a director, in considering the best interests of the corporation, shall consider the long-term as well as the short-term interests of the corporation and its shareholders including the possibility that these interests may be best served by the continued independence of the corporation. In addition, a director may consider the interests of Idaho employees, suppliers, customers and communities in discharging his duties.
History:
[30-1702, added 1988, ch. 84, sec. 3, p. 163.]
Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
