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2017 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 29 - GENERAL BUSINESS CORPORATIONS
Part 10 - AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
Section 30-29-1001 - AUTHORITY TO AMEND ARTICLES OF INCORPORATION.
Universal Citation: ID Code § 30-29-1001 (2017)
30-29-1001. AUTHORITY TO AMEND ARTICLES OF INCORPORATION. (1) A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles of incorporation as of the effective date of the amendment or to delete a provision that is not required to be contained in the articles of incorporation.
(2) A shareholder of the corporation does not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, capital structure, dividend, entitlement, or purpose or duration of the corporation.
History:
[30-29-1001, added 2015, ch. 243, sec. 65, p. 942.]
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