Idaho Statutes

§ 30-29-745 — DISCONTINUANCE OR SETTLEMENT

Idaho § 30-29-745
JurisdictionIdaho
Title 30CORPORATIONS
Part 7SHAREHOLDERS
Ch. 29GENERAL BUSINESS CORPORATIONS

This text of Idaho § 30-29-745 (DISCONTINUANCE OR SETTLEMENT) 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 § 30-29-745 (2026).

Text

A derivative proceeding may not be discontinued or settled without the court’s approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation’s shareholders or a class or series of shareholders, the court shall direct that notice be given to the shareholders affected.

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Legislative History

[30-29-745, added 2015, ch. 243, sec. 62, p. 926; am. 2019, ch. 90, sec. 69, p. 267.]

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Bluebook (online)
Idaho § 30-29-745, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/30-29-745.