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2017 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 30 - IDAHO NONPROFIT CORPORATION ACT
Part 7 - AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
Section 30-30-702 - AMENDMENT OF ARTICLES BY DIRECTORS.
Universal Citation: ID Code § 30-30-702 (2017)
30-30-702. Amendment of articles by directors. (1) Unless the articles provide otherwise, a corporation’s board of directors may adopt one (1) or more amendments to the corporation’s articles without member approval:
(a) To extend the duration of the corporation if it was incorporated at a time when limited duration was required by law;
(b) To delete the names and addresses of the initial directors;
(c) To change the information required by section 30-21-404(a)(1), Idaho Code;
(d) To change the corporate name by substituting the word "corporation," "incorporated," "company," "limited," or the abbreviation "corp.," "inc.," "co.," or "ltd.," for a similar word or abbreviation in the name, or by adding, deleting or changing a geographical attribution to the name; or
(e) To make any other change expressly permitted by this act to be made by director action.
(2) If a corporation has no members, its incorporators, until directors have been chosen, and thereafter its board of directors, may adopt one (1) or more amendments to the corporation’s articles subject to any approval required pursuant to section 30-30-801, Idaho Code. The corporation shall provide notice of any meeting at which an amendment is to be voted upon. The notice shall be in accordance with section 30-30-614(3), Idaho Code. The notice must also state that the purpose, or one (1) of the purposes, of the meeting is to consider a proposed amendment to the articles and contain or be accompanied by a copy or summary of the amendment or state the general nature of the amendment. The amendment must be approved by a majority of the directors in office at the time the amendment is adopted.
History:
[30-30-702, added 2015, ch. 243, sec. 80, p. 993.]
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