Idaho Code § 30-29-804

Current through Chapter 330 of the 2024 Regular Legislative Session
Section 30-29-804 - ELECTION OF DIRECTORS BY CERTAIN CLASSES OR SERIES OF SHARES

If the articles of incorporation or action by the board of directors pursuant to section 30-29-602, Idaho Code, authorizes dividing the shares into classes or series, the articles of incorporation may also authorize the election of all or a specified number of directors by the holders of one (1) or more authorized classes or series of shares. A class or series, or multiple classes or series, of shares entitled to elect one (1) or more directors is a separate voting group for purposes of the election of directors.

Idaho Code § 30-29-804

[30-29-804, added 2015, ch. 243, sec. 63, p. 927; am. 2019, ch. 90, sec. 76, p. 271.]
Amended by 2019 Session Laws, ch. 90,sec. 76, eff. 7/1/2019.
Added by 2015 Session Laws, ch. 243,sec. 63, eff. 7/1/2015.