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2017 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 29 - GENERAL BUSINESS CORPORATIONS
Part 3 - PURPOSES AND POWERS
Section 30-29-301 - PURPOSES.
Universal Citation: ID Code § 30-29-301 (2017)
30-29-301. PURPOSES. (1) Every corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.
(2) A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under this chapter only if permitted by, and subject to all limitations of, the other statute.
History:
[30-29-301, added 2015, ch. 243, sec. 58, p. 907.]
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