Section 30-25-103 - KNOWLEDGE - NOTICE(a) A person knows a fact if the person:(1) Has actual knowledge of it; or(2) Is deemed to know it under subsection (d)(1) of this section or law other than this act.(b) A person has notice of a fact if the person:(1) Has reason to know the fact from all the facts known to the person at the time in question; or(2) Is deemed to have notice of the fact under subsection (d)(2) of this section.(c) Subject to section 30-21-212, Idaho Code, a person notifies another person of a fact by taking steps reasonably required to inform the other person in ordinary course, whether or not those steps cause the other person to know the fact.(d) A person not a member is deemed: (1) To know of a limitation on authority to transfer real property as provided in section 30-25-302(g), Idaho Code; and(2) To have notice of a limited liability company's:(A) Dissolution ninety (90) days after a statement of dissolution under section 30-25-702(b)(2)(A), Idaho Code, becomes effective;(B) Termination ninety (90) days after a statement of termination under section 30-25-702(b)(2)(F), Idaho Code, becomes effective; and(C) Participation in a merger, interest exchange, conversion, or domestication ninety (90) days after articles of merger, interest exchange, conversion, or domestication under chapter 22, title 30, Idaho Code, become effective.[30-25-103, added 2015, ch. 243, sec. 43, p. 872; am. 2021, ch. 321, sec. 5, p. 948.]Amended by 2021 Session Laws, ch. 321,sec. 5, eff. 7/1/2021.Added by 2015 Session Laws, ch. 243,sec. 43, eff. 7/1/2015.