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Idaho Code § 30-29-1433

Decree of dissolution

Known as the Idaho Business Corporation Act

The act spans §§ 30-29-1001–30-29-935 (209 sections).

I.C., § 30-29 -1433, as added by 2015, ch. 243, § 69, p. 758; am. 2019, ch. 90, § 157, p. 220.

(1) If after a hearing the court determines that one (1) or more grounds for judicial dissolution described in section 30-29-1430, Idaho Code, exist, it may enter a decree dissolving the corporation and specifying the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the secretary of state for filing.

(2) After entering the decree of dissolution, the court shall direct the winding up and liquidation of the corporation’s business and affairs in accordance with section 30-29-1405, Idaho Code, and the notification of claimants in accordance with sections 30-29-1406 and 30-29-1407, Idaho Code.

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.