Idaho Statutes

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

pecnv.out

TITLE 30
CORPORATIONS
CHAPTER 29
GENERAL BUSINESS CORPORATIONS
PART 1
GENERAL PROVISIONS
30-29-142.  number of shareholders. (a) For purposes of this chapter, the following identified as a shareholder in a corporation’s current record of shareholders constitutes one (1) shareholder:
(1)  Three (3) or fewer co-owners;
(2)  A corporation, partnership, trust, estate, or other entity; or
(3)  The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.
(b)  For purposes of this chapter, shareholdings registered in substantially similar names constitute one (1) shareholder if it is reasonable to believe that the names represent the same person.

History:
[30-29-142, added 2019, ch. 90, sec. 5, p. 231.]


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