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2018 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 25 - LIMITED LIABILITY COMPANIES
Part 1 - GENERAL PROVISIONS
Section 30-25-108 - NATURE, PURPOSE AND DURATION OF LIMITED LIABILITY COMPANY.
Universal Citation: ID Code § 30-25-108 (2018)
30-25-108. NATURE, PURPOSE AND DURATION OF LIMITED LIABILITY COMPANY. (a) A limited liability company is an entity distinct from its member or members.
(b) A limited liability company may have any lawful purpose.
(c) A limited liability company has perpetual duration.
History:
[30-25-108, added 2015, ch. 243, sec. 43, p. 875.]
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