30-2001. APPLICATION AND EFFECT OF THIS CHAPTER. (1) This chapter may be known and cited as the "Idaho Benefit Corporation Act."
(2) This chapter shall be applicable to all benefit corporations.
(3) The existence of a provision of this chapter shall not of itself create an implication that a contrary or different rule of law is applicable to a business corporation that is not a benefit corporation. This chapter shall not affect a statute or rule of law that is applicable to a business corporation that is not a benefit corporation.
(4) Except as otherwise provided in this chapter, the Idaho business corporation act shall be generally applicable to all benefit corporations. A benefit corporation may be subject simultaneously to this chapter and other chapters of this title. The provisions of this chapter shall control over other provisions of this title, including chapters 1 and 13 of this title.
(5) A provision of the articles of incorporation or bylaws of a benefit corporation may not limit, be inconsistent with or supersede a provision of this chapter.
History:
[30-2001, added 2015, ch. 217, sec. 1, p. 673.]
Structure Idaho Code
Chapter 20 - IDAHO BENEFIT CORPORATION ACT
Section 30-2001 - APPLICATION AND EFFECT OF THIS CHAPTER.
Section 30-2002 - DEFINITIONS.
Section 30-2003 - INCORPORATION.
Section 30-2004 - ELECTION OF BENEFIT CORPORATION STATUS.
Section 30-2005 - TERMINATION OF STATUS.
Section 30-2006 - CORPORATE PURPOSES.
Section 30-2007 - STANDARD OF CONDUCT FOR DIRECTORS.
Section 30-2008 - BENEFIT DIRECTOR.
Section 30-2009 - STANDARD OF CONDUCT FOR OFFICERS.
Section 30-2010 - BENEFIT OFFICER.
Section 30-2011 - RIGHT OF ACTION.