TITLE 30

CORPORATIONS

CHAPTER 17

BUSINESS COMBINATION ACT

30-1702.  Duties of director. In discharging the duties of the position of director of an issuing public corporation, a director, in considering the best interests of the corporation, shall consider the long-term as well as the short-term interests of the corporation and its shareholders including the possibility that these interests may be best served by the continued independence of the corporation. In addition, a director may consider the interests of Idaho employees, suppliers, customers and communities in discharging his duties.

History:

[30-1702, added 1988, ch. 84, sec. 3, p. 163.]