30-1709. ELECTION. Any publicly held corporation which meets the requirements specified in section 30-1701(11)(b)(i), (ii) and (iii), Idaho Code, may, by action of its board of directors, adopt an amendment to its bylaws electing to be subject to this chapter, provided such corporation has one thousand (1,000) or more shareholders of record in this state, and thereby shall be subject to the provisions of this chapter as an issuing public corporation.
History:
[30-1709, added 1988, ch. 84, sec. 3, p. 168.]
Structure Idaho Code
Chapter 17 - BUSINESS COMBINATION ACT
Section 30-1701 - DEFINITIONS.
Section 30-1702 - DUTIES OF DIRECTOR.
Section 30-1703 - EXCLUSIONS FROM CHAPTER.
Section 30-1704 - BUSINESS COMBINATION WITH INTERESTED SHAREHOLDER — APPROVAL BY DIRECTORS.
Section 30-1705 - REQUIREMENTS.
Section 30-1707 - JURISDICTION.