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2022 Idaho Code
Title 30 - CORPORATIONS
Chapter 30 - IDAHO NONPROFIT CORPORATION ACT
Part 6 - DIRECTORS AND OFFICERS
Section 30-30-601 - REQUIREMENT FOR AND DUTIES OF BOARD.
Universal Citation: ID Code § 30-30-601 (2022)
30-30-601. REQUIREMENT FOR AND DUTIES OF BOARD. (1) Each corporation must have a board of directors.
(2) Except as provided in this act or subsection (3) of this section, all corporate powers shall be exercised by or under the authority of, and the affairs of the corporation managed under the direction of, its board.
(3) The articles may authorize a person or persons to exercise some or all of the powers that would otherwise be exercised by a board. To the extent so authorized, any such person or persons shall have the duties and responsibilities of the directors, and the directors shall be relieved to that extent from such duties and responsibilities.
History:
[30-30-601, added 2015, ch. 243, sec. 79, p. 984.]
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