2017 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 2 - SALE OF FRANCHISE ON EXECUTION
Section 30-205 - REDEMPTION FROM SALE.
30-205. Redemption from sale. The person, firm, association, company, or corporation may, at any time within one (1) year after such sale, redeem the franchise by paying or tendering to the purchaser thereof the sum paid therefor, with ten per cent (10%) interest thereon, but without any allowance for the toll which he may in the meantime have received; and upon such payment or tender, the franchise and all the rights and privileges thereof revert and belong to the person, firm, association, company, or corporation, as if no such sale had been made.
[(30-205) R.S., sec. 2646; reen. R.C. & C.L., sec. 2782; C.S., sec. 4765; I.C.A., sec. 29-205; am. 1941, ch. 102, sec. 5, p. 183.]
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.