Idaho § 30-29-1020 AUTHORITY TO AMEND

Idaho Statutes

§ 30-29-1020 — AUTHORITY TO AMEND

Idaho·Title 30 CORPORATIONS·Part 10 AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS·Ch. 29 GENERAL BUSINESS CORPORATIONS

(a)A corporation’s shareholders may amend or repeal the corporation’s bylaws.

(b)A corporation’s board of directors may amend or repeal the corporation’s bylaws unless:

(1)The articles of incorporation, section 30-29-1021, Idaho Code, or, if applicable, section 30-29-1022, Idaho Code, reserve that power exclusively to the shareholders in whole or part; or

(2)Except as provided in section 30-29-206 (d), Idaho Code, the shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or adopt that bylaw.

(c)A shareholder of the corporation does not have a vested property right resulting from any provision in the bylaws.

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(a) A corporation’s shareholders may amend or repeal the corporation’s bylaws.
(b) A corporation’s board of directors may amend or repeal the corporation’s bylaws unless:
(1) The articles of incorporation, section 30-29-1021, Idaho Code, or, if applicable, section 30-29-1022, Idaho Code, reserve that power exclusively to the shareholders in whole or part; or
(2) Except as provided in section 30-29-206 (d), Idaho Code, the shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or adopt that bylaw.
(c) A shareholder of the corporation does not have a vested property right resulting from any provision in the bylaws.

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