Idaho Statutes

§ 30-1702 — DUTIES OF DIRECTOR

Idaho·Title 30 CORPORATIONS·Ch. 17 BUSINESS COMBINATION ACT
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 shareholders including the possibility that these interests may be best served by the continued independence of the corporation. In addition, a director may consider the interests of Idaho employees, suppliers, customers and communities in discharging his duties.

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Legislative History

[30-1702, added 1988, ch. 84, sec. 3, p. 163.]

Nearby Sections

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