(1) A corporation’s shareholders may amend or repeal the corporation’s bylaws.
(2) A corporation’s board of directors may amend or repeal the corporation’s bylaws unless: The articles of incorporation, section 30-29-1021, Idaho Code, or, if applicable, section 30-29-1022, Idaho Code, reserve that power exclusively to the shareholders in whole or part; or
(3) Except as provided in section 30-29-206(d), Idaho Code, the shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or adopt that bylaw.
(4) A shareholder of the corporation does not have a vested property right resulting from any provision in the bylaws.