Idaho Statutes
§ 30-27-125 — DISTRIBUTIONS PROHIBITED — COMPENSATION AND OTHER PERMITTED PAYMENTS
Idaho § 30-27-125
JurisdictionIdaho
Title 30CORPORATIONS
Part 1GENERAL PROVISIONS
Ch. 27UNINCORPORATED NONPROFIT ASSOCIATIONS
This text of Idaho § 30-27-125 (DISTRIBUTIONS PROHIBITED — COMPENSATION AND OTHER PERMITTED PAYMENTS) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Idaho Code § 30-27-125 (2026).
Text
(a)Except as otherwise provided in subsection (b) of this section, an unincorporated nonprofit association may not pay dividends or make distributions to a member or manager.
(b)An unincorporated nonprofit association may:
(1)Pay reasonable compensation or reimburse reasonable expenses to a member or manager for services rendered;
(2)Confer benefits on a member or manager in conformity with its nonprofit purposes;
(3)Repurchase a membership and repay a capital contribution made by a member to the extent authorized by its governing principles; or
(4)Make distributions of property to members upon winding up and termination to the extent permitted by section 30-27 128, Idaho Code.
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Legislative History
[30-27-125, added 2015, ch. 243, sec. 53, p. 900.]
Nearby Sections
15
§ 30-14-101
SHORT TITLE§ 30-14-102
DEFINITIONS§ 30-14-103
REFERENCES TO FEDERAL STATUTES§ 30-14-104
REFERENCES TO FEDERAL AGENCIES§ 30-14-105
ELECTRONIC RECORDS AND SIGNATURES§ 30-14-201
EXEMPT SECURITIES§ 30-14-202
EXEMPT TRANSACTIONS§ 30-14-202A
FAIRNESS HEARING§ 30-14-203
ADDITIONAL EXEMPTIONS AND WAIVERS§ 30-14-301
SECURITIES REGISTRATION REQUIREMENT§ 30-14-302
NOTICE FILING§ 30-14-303
SECURITIES REGISTRATION BY COORDINATION§ 30-14-304
SECURITIES REGISTRATION BY QUALIFICATION§ 30-14-305
SECURITIES REGISTRATION FILINGSCite This Page — Counsel Stack
Bluebook (online)
Idaho § 30-27-125, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/30-27-125.