Idaho § 30-30-1001 DISSOLUTION BY INCORPORATORS OR DIRECTORS AND THIRD PERSONS

Idaho Statutes

§ 30-30-1001 — DISSOLUTION BY INCORPORATORS OR DIRECTORS AND THIRD PERSONS

Idaho § 30-30-1001

Title 30CORPORATIONS

Part 10DISSOLUTION

Ch. 30IDAHO NONPROFIT CORPORATION ACT

This text of Idaho § 30-30-1001 (DISSOLUTION BY INCORPORATORS OR DIRECTORS AND THIRD PERSONS) 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 § 30-30-1001 (2026).

Text

(1)A majority of the incorporators or directors of a corporation that has no members may, prior to the organization meeting of directors and subject to any approval required by the articles or bylaws, dissolve the corporation by delivering to the secretary of state articles of dissolution.

(2)The corporation shall give notice of any meeting at which dissolution will be approved. The notice shall be in accordance with section 30-30-614 (3), Idaho Code. The notice must also state that the purpose, or one (1) of the purposes, of the meeting is to consider dissolution of the corporation.

(3)The incorporators or directors in approving dissolution shall adopt a plan of dissolution indicating to whom the assets owned or held by the corporation will be distributed after all creditors have been

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(1) A majority of the incorporators or directors of a corporation that has no members may, prior to the organization meeting of directors and subject to any approval required by the articles or bylaws, dissolve the corporation by delivering to the secretary of state articles of dissolution.
(2) The corporation shall give notice of any meeting at which dissolution will be approved. The notice shall be in accordance with section 30-30-614 (3), Idaho Code. The notice must also state that the purpose, or one (1) of the purposes, of the meeting is to consider dissolution of the corporation.
(3) The incorporators or directors in approving dissolution shall adopt a plan of dissolution indicating to whom the assets owned or held by the corporation will be distributed after all creditors have been paid.