2019 Idaho Code
Title 30 - CORPORATIONS
Chapter 30 - IDAHO NONPROFIT CORPORATION ACT
Part 6 - DIRECTORS AND OFFICERS
Section 30-30-625 - OFFICERS’ AUTHORITY TO EXECUTE DOCUMENTS.
30-30-625. OFFICERS’ AUTHORITY TO EXECUTE DOCUMENTS. Any contract or other instrument in writing executed or entered into between a corporation and any other person is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the signing officers had no authority to execute the contract or other instrument if it is signed by any two (2) officers in category 1 of this section or by one (1) officer in category 1 of this section and one (1) officer in category 2 of this section.
| Category 1 | — The presiding officer of the board and the president. |
| Category 2 | — A vice president, the secretary, treasurer |
| and executive director. |
History:
[30-30-625, added 2015, ch. 243, sec. 79, p. 991.]
