Public-domain · open source
OpenJurist

Idaho Code § 30-30-510

Voting entitlement generally

Known as the Idaho Nonprofit Corporation Act

The act spans §§ 30-30-1001 to 30-30-905 (107 sections).

I.C., § 30-30 -510, as added by 2015, ch. 243, § 78, p. 758.

(1) Unless the articles or bylaws provide otherwise, each member is entitled to one (1) vote on each matter voted on by the members, or by one (1) vote for each share of stock in a corporation that issues shares of stock instead of memberships, when authorized by the articles of incorporation of said corporation.

(2) Unless the articles or bylaws provide otherwise, if a membership stands of record in the names of two (2) or more persons, their acts with respect to voting shall have the following effect: If only one (1) votes, such act binds all; and

(3) If more than one (1) votes, the vote shall be divided on a pro rata basis.

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.