Idaho Statutes
§ 18-1908 — DIRECTORS DEEMED TO HAVE KNOWLEDGE OF AFFAIRS
Every director of a corporation or joint stock association is deemed to possess such a knowledge of the affairs of his corporation as to enable him to determine whether any act, proceeding or omission of its directors is a violation of this chapter.
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Idaho § 18-1908 (DIRECTORS DEEMED TO HAVE KNOWLEDGE OF AFFAIRS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[18-1908, added 1972, ch. 336, sec. 1, p. 882.]
Nearby Sections
15
§ 18-1001
COMMON BARRATRY§ 18-1002
PROOF OF COMMON BARRATRY§ 18-1003
PURCHASE OF EVIDENCE OF DEBT§ 18-1005
EXCEPTION TO PRECEDING SECTION§ 18-101
DEFINITION OF TERMS§ 18-101A
DEFINITIONS§ 18-101B
CRIMINAL LAWS APPLICABLE TO OUT-OF-STATE PRISONERS AND PERSONNEL OF PRIVATE CORRECTIONAL FACILITIES§ 18-102
SUFFICIENCY OF INTENT TO DEFRAUD§ 18-103
CIVIL REMEDIES PRESERVED§ 18-105
COURTS MAY PUNISH FOR CONTEMPT§ 18-106
COURT TO IMPOSE PUNISHMENT