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Idaho Code § 30-29-1008

Amendment pursuant to reorganization

Known as the Idaho Business Corporation Act

The act spans §§ 30–30 (209 sections).

I.C., § 30-29 -1008, as added by 2015, ch. 243, § 65, p. 758; am. 2019, ch. 90, § 120, p. 220.

(1) A corporation’s articles of incorporation may be amended without action by the board of directors or shareholders to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under the authority of a law of the United States.

(2) The individual or individuals designated by the court shall deliver to the secretary of state for filing articles of amendment setting forth: The name of the corporation;

(3) The text of each amendment approved by the court;

(4) The date of the court’s order or decree approving the articles of amendment;

(5) The title of the reorganization proceeding in which the order or decree was entered; and

(6) A statement that the court had jurisdiction of the proceeding under federal statute.

(7) This section does not apply after entry of a final decree in the reorganization proceeding even though the court retains jurisdiction of the proceeding for limited purposes unrelated to consummation of the reorganization plan.

Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.