Idaho Statutes

§ 30-30-410 — PURCHASE OF MEMBERSHIPS

Idaho·Title 30 CORPORATIONS·Part 4 MEMBERSHIP·Ch. 30 IDAHO NONPROFIT CORPORATION ACT
A corporation may purchase the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions set forth in or authorized by its articles or bylaws. No payment shall be made in violation of section 30-30-904, Idaho Code.

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Legislative History

[30-30-410, added 2015, ch. 243, sec. 77, p. 977.]

Nearby Sections

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