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Idaho Code § 30-29-803

Number and election of directors

Known as the Idaho Business Corporation Act

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

I.C., § 30-29 -803, as added by 2015, ch. 243, § 63, p. 758; am. 2019, ch. 90, § 75, p. 220.

(1) A board of directors shall consist of one (1) or more individuals, with the number specified in or fixed in accordance with the articles of incorporation or bylaws.

(2) The number of directors may be increased or decreased from time to time by amendment to, or in the manner provided in, the articles of incorporation or bylaws.

(3) Directors are elected at the first annual shareholders’ meeting and at each annual shareholders’ meeting thereafter unless elected by written consent in lieu of an annual meeting as permitted by section 30-29-704, Idaho Code, or unless their terms are staggered under section 30-29-806, 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.