Title 30 — CORPORATIONS
19 chapters · 103 sections in this title.
Idaho Code § 30-1701 Definitions
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30-1701. Definitions. In this chapter the following terms have the meaning specified: (1) "Affiliate" means a person that directly or indirectly controls, is controlled by or is under common control with a specified person. (2) "Announcement date," when used in reference to any b…
Idaho Code § 30-1702 Duties of director
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30-1702. Duties of director. In discharging the duties of the position of director of an issuing public corporation, a director, in considering the best interests of the corporation, shall consider the long-term as well as the short-term interests of the corporation and its share…
Idaho Code § 30-1703 Exclusions from chapter
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30-1703. Exclusions from chapter. The provisions of this chapter shall not apply to an interested shareholder if: (1) The interested shareholder was an interested shareholder on, or became an interested shareholder pursuant to a tender offer commenced prior to, the day following …
Idaho Code § 30-1704 Business combination with interested shareholder — Approval by directors
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30-1704. Business combination with interested shareholder — Approval by directors. (1) Except as provided in section 30-1703, Idaho Code, and notwithstanding any other provisions to the contrary in this title, an issuing public corporation may not engage in any business combinati…
Idaho Code § 30-1705 Requirements
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30-1705. Requirements. Except as provided in sections 30-1703 and 30-1704, Idaho Code, and notwithstanding any other provisions to the contrary in this title, an issuing public corporation may not engage at any time in any business combination or vote, consent or otherwise act to…
Idaho Code § 30-1706 Scope
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30-1706. Scope. (1) Nothing contained in this chapter is intended or shall be construed in any way to limit, modify or restrict an issuing public corporation’s authority to take any action which the directors may appropriately determine to be in furtherance of the protection of t…
Idaho Code § 30-1707 Jurisdiction
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30-1707. Jurisdiction. (1) If the jurisdiction under the laws of which the issuing public corporation is organized has adopted or adopts any law comparable to this chapter which imposes special requirements applicable to any business combination, and that law contains provisions …
Idaho Code § 30-1708 Severability
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30-1708. Severability. The provisions of this chapter are hereby declared to be severable and if any provision of this act or the application of such provision to any person or circumstance is declared invalid for any reason, such declaration shall not affect the validity of rema…
Idaho Code § 30-1709 Election
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30-1709. Election. Any publicly held corporation which meets the requirements specified in section 30-1701(11)(b)(i), (ii) and (iii), Idaho Code, may, by action of its board of directors, adopt an amendment to its bylaws electing to be subject to this chapter, provided such corpo…
Idaho Code § 30-1710 Short title
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30-1710. Short title. This chapter shall be known and may be cited as the "Business Combination Law."