Idaho Statutes

§ 30-30-1106 — REPORT OF INDEMNIFICATION TO MEMBERS

Idaho·Title 30 CORPORATIONS·Part 11 RECORDS AND REPORTS·Ch. 30 IDAHO NONPROFIT CORPORATION ACT
If a corporation indemnifies or advances expenses to a director under section 30-30-626, Idaho Code, in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next meeting of members.

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Legislative History

[30-30-1106, added 2015, ch. 243, sec. 84, p. 1006.]

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