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     Idaho Statutes

Idaho Statutes are updated to the website July 1 following the legislative session.

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TITLE 30
CORPORATIONS
CHAPTER 16
CONTROL SHARE ACQUISITION ACT
30-1613.  Election. Any publicly held corporation which meets the requirements specified in section 30-1601(12)(b)(i), (ii) and (iii), Idaho Code, may, by action of its board of directors, adopt an amendment to its bylaws electing to be subject to this chapter, provided such corporation has one thousand (1,000) or more shareholders of record in this state, and thereby shall be subject to the provisions of this chapter as an issuing public corporation.

History:
[30-1613, added 1988, ch. 84, sec. 2, p. 158.]


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