18-1910. DIRECTOR NOT PRESENT AT MEETING — ASSENT TO ILLEGAL ACTS. Every director of a corporation or joint stock association, although not present at a meeting of the directors at which any act, proceeding or omission of such directors in violation of this chapter occurs, is deemed to have concurred therein, if the facts constituting such violation appear on the records or minutes of the proceedings of the board of directors, and he remains a director of the same company for six months thereafter, and does not within that time cause, or in writing require, his dissent from such illegality to be entered in the minutes of the directors.
History:
[18-1910, added 1972, ch. 336, sec. 1, p. 882.]
Structure Idaho Code
Title 18 - CRIMES AND PUNISHMENTS
Section 18-1901 - FICTITIOUS STOCK SUBSCRIPTION.
Section 18-1902 - EXHIBITION OF FALSE PAPERS TO PUBLIC OFFICERS.
Section 18-1903 - USE OF FALSE NAME IN PROSPECTUS.
Section 18-1904 - ILLEGAL DIVIDENDS AND REDUCTIONS OF CAPITAL.
Section 18-1905 - FALSIFICATION OF CORPORATE BOOKS.
Section 18-1906 - FRAUDULENT REPORTS BY OFFICERS.
Section 18-1907 - REFUSAL TO PERMIT STOCKHOLDER TO INSPECT RECORDS.
Section 18-1908 - DIRECTORS DEEMED TO HAVE KNOWLEDGE OF AFFAIRS.
Section 18-1909 - DIRECTOR PRESENT AT MEETING — ASSENT TO ILLEGAL ACTS.
Section 18-1910 - DIRECTOR NOT PRESENT AT MEETING — ASSENT TO ILLEGAL ACTS.