Idaho Statutes
§ 30-30-610 — VACANCY ON BOARD
(1)Unless the articles or bylaws provide otherwise, and except as provided in subsections (2) and (3) of this section, if a vacancy occurs on a board of directors, including a vacancy resulting from an increase in the number of directors:
(a)The members, if any, may fill the vacancy. If the vacant office was held by a director elected by a class, chapter or other organizational unit or by region or other geographic grouping, only members of the class, chapter, unit or grouping are entitled to vote to fill the vacancy if it is filled by the members;
(b)The board of directors may fill the vacancy; or
(c)If the directors remaining in office constitute fewer than a quorum of the board, they may fill the vacancy by the affirmative vote of a majority of all the directors remaining in office.
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Legislative History
[30-30-610, added 2015, ch. 243, sec. 79, p. 987.]
Nearby Sections
15
§ 30-14-101
SHORT TITLE§ 30-14-102
DEFINITIONS§ 30-14-103
REFERENCES TO FEDERAL STATUTES§ 30-14-104
REFERENCES TO FEDERAL AGENCIES§ 30-14-105
ELECTRONIC RECORDS AND SIGNATURES§ 30-14-201
EXEMPT SECURITIES§ 30-14-202
EXEMPT TRANSACTIONS§ 30-14-202A
FAIRNESS HEARING§ 30-14-203
ADDITIONAL EXEMPTIONS AND WAIVERS§ 30-14-301
SECURITIES REGISTRATION REQUIREMENT§ 30-14-302
NOTICE FILING§ 30-14-303
SECURITIES REGISTRATION BY COORDINATION§ 30-14-304
SECURITIES REGISTRATION BY QUALIFICATION§ 30-14-305
SECURITIES REGISTRATION FILINGS