Idaho § 30-30-625 OFFICERS’ AUTHORITY TO EXECUTE DOCUMENTS

Idaho Statutes

§ 30-30-625 — OFFICERS’ AUTHORITY TO EXECUTE DOCUMENTS

Idaho·Title 30 CORPORATIONS·Part 6 DIRECTORS AND OFFICERS·Ch. 30 IDAHO NONPROFIT CORPORATION ACT

Any contract or other instrument in writing executed or entered into between a corporation and any other person is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the signing officers had no authority to execute the contract or other instrument if it is signed by any two (2) officers in category 1 of this section or by one (1) officer in category 1 of this section and one (1) officer in category 2 of this section.
Category 1 — The presiding officer of the board and the president. Category 2 — A vice president, the secretary, treasurer and executive director.

Free access — add to your briefcase to read the full text and ask questions with AI

Any contract or other instrument in writing executed or entered into between a corporation and any other person is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the signing officers had no authority to execute the contract or other instrument if it is signed by any two (2) officers in category 1 of this section or by one (1) officer in category 1 of this section and one (1) officer in category 2 of this section.
Category 1 — The presiding officer of the board and the president. Category 2 — A vice president, the secretary, treasurer and executive director.

Idaho § 30-30-625 (OFFICERS’ AUTHORITY TO EXECUTE DOCUMENTS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.