30-29-1001. AUTHORITY TO AMEND. (a) A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles of incorporation as of the effective date of the amendment or to delete a provision that is not required to be contained in the articles of incorporation.
(b) A shareholder of the corporation does not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, capital structure, dividend, entitlement, or purpose or duration of the corporation.
History:
[30-29-1001, added 2015, ch. 243, sec. 65, p. 942; am. 2019, ch. 90, sec. 114, p. 294.]
Structure Idaho Code
Chapter 29 - GENERAL BUSINESS CORPORATIONS
Part 10 - AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
Section 30-29-1001 - AUTHORITY TO AMEND.
Section 30-29-1002 - AMENDMENT BEFORE ISSUANCE OF SHARES.
Section 30-29-1003 - AMENDMENT BY BOARD OF DIRECTORS AND SHAREHOLDERS.
Section 30-29-1004 - VOTING ON AMENDMENTS BY VOTING GROUPS.
Section 30-29-1005 - AMENDMENT BY BOARD OF DIRECTORS.
Section 30-29-1006 - ARTICLES OF AMENDMENT.
Section 30-29-1007 - RESTATED ARTICLES OF INCORPORATION.
Section 30-29-1008 - AMENDMENT PURSUANT TO REORGANIZATION.
Section 30-29-1009 - EFFECT OF AMENDMENT.
Section 30-29-1020 - AUTHORITY TO AMEND.
Section 30-29-1021 - BYLAW INCREASING QUORUM OR VOTING REQUIREMENT FOR DIRECTORS.
Section 30-29-1022 - BYLAW PROVISIONS RELATING TO THE ELECTION OF DIRECTORS.