TITLE 30

CORPORATIONS

CHAPTER 30

IDAHO NONPROFIT CORPORATION ACT

PART 11

RECORDS AND REPORTS

30-30-1101.  Corporate records. (1) A corporation shall keep as permanent records minutes of all meetings of its members and board of directors, a record of all actions taken by the members or directors without a meeting, and a record of all actions taken by committees of the board of directors as authorized in section 30-30-617(4), Idaho Code.

(2)  A corporation shall maintain appropriate accounting records.

(3)  A corporation shall maintain a record of its members in a form that permits preparation of a list of the name and address of all members, in alphabetical order by class, showing the number of votes each member is entitled to cast.

(4)  A corporation shall maintain its records in written form or in another form capable of conversion into written form within a reasonable time.

(5)  A corporation shall keep a copy of the following records at its principal office:

(a)  Its articles or restated articles of incorporation and all amendments to them currently in effect;

(b)  Its bylaws or restated bylaws and all amendments to them currently in effect;

(c)  Resolutions adopted by its board of directors relating to the characteristics, qualifications, rights, limitations and obligations of members or any class or category of members;

(d)  The minutes of all meetings of members and records of all actions approved by the members for the past three (3) years;

(e)  All written communications to members generally within the past seven (7) years, including the financial statements furnished for the past seven (7) years under section 30-30-1105, Idaho Code;

(f)  A list of the names and business or home addresses of its current directors and officers; and

(g)  Its most recent annual report delivered to the secretary of state under section 30-21-213, Idaho Code.

History:

[30-30-1101, added 2015, ch. 243, sec. 84, p. 1004.]