Idaho Statutes

§ 30-29-301 — PURPOSES

Idaho·Title 30 CORPORATIONS·Part 3 PURPOSES AND POWERS·Ch. 29 GENERAL BUSINESS CORPORATIONS
(a)Every corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.
(b)A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under this chapter only if permitted by, and subject to all limitations of, the other statute.

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Legislative History

[30-29-301, added 2015, ch. 243, sec. 58, p. 907; am. 2019, ch. 90, sec. 23, p. 242.]

Nearby Sections

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