Idaho § 30-29-725 QUORUM AND VOTING REQUIREMENTS FOR VOTING GROUPS

Idaho Statutes

§ 30-29-725 — QUORUM AND VOTING REQUIREMENTS FOR VOTING GROUPS

Idaho § 30-29-725

Title 30CORPORATIONS

Part 7SHAREHOLDERS

Ch. 29GENERAL BUSINESS CORPORATIONS

This text of Idaho § 30-29-725 (QUORUM AND VOTING REQUIREMENTS FOR VOTING GROUPS) 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 § 30-29-725 (2026).

Text

(a)Shares entitled to vote as a separate voting group may take action on a matter at a meeting only if a quorum of those shares exists with respect to that matter. Unless the articles of incorporation provide otherwise, shares representing a majority of the votes entitled to be cast on the matter by the voting group constitutes a quorum of that voting group for action on that matter. If the provisions of this chapter require a particular quorum for a specified action, the articles of incorporation may not provide for a lower quorum.

(b)Once a share is represented for any purpose at a meeting, it is deemed present for quorum purposes for the remainder of the meeting and for any adjournment of that meeting unless a new record date is or must be fixed for that adjourned meeting.

(c)If a qu

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(a) Shares entitled to vote as a separate voting group may take action on a matter at a meeting only if a quorum of those shares exists with respect to that matter. Unless the articles of incorporation provide otherwise, shares representing a majority of the votes entitled to be cast on the matter by the voting group constitutes a quorum of that voting group for action on that matter. If the provisions of this chapter require a particular quorum for a specified action, the articles of incorporation may not provide for a lower quorum.
(b) Once a share is represented for any purpose at a meeting, it is deemed present for quorum purposes for the remainder of the meeting and for any adjournment of that meeting unless a new record date is or must be fixed for that adjourned meeting.
(c) If a quorum exists, action on a matter, other than the election of directors, by a voting group is approved if the votes cast within the voting group favoring the action exceed the votes cast opposing the action, unless the articles of incorporation require a greater number of affirmative votes.
(d) An amendment of the articles of incorporation adding, changing or deleting a quorum or voting requirement for a voting group greater than specified in subsection (a) or (c) of this section is governed by section 30-29-727, Idaho Code.
(e) The election of directors is governed by section 30-29-728, Idaho Code.
(f) If a provision of this chapter provides for voting of classes or series as separate voting groups, the rules provided in section 30-29-1004 (c), Idaho Code, for amendments of the articles of incorporation shall apply to that provision.