30-30-402. CONSIDERATION. Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board, or by the articles of incorporation.
History:
[30-30-402, added 2015, ch. 243, sec. 77, p. 975.]
Structure Idaho Code
Chapter 30 - IDAHO NONPROFIT CORPORATION ACT
Section 30-30-401 - ADMISSION OF MEMBERS.
Section 30-30-402 - CONSIDERATION.
Section 30-30-403 - NO REQUIREMENT OF MEMBERS.
Section 30-30-404 - DIFFERENCES IN RIGHTS AND OBLIGATIONS OF MEMBERS.
Section 30-30-405 - TRANSFERS.
Section 30-30-406 - MEMBER’S LIABILITY TO THIRD PARTIES.
Section 30-30-407 - MEMBER’S LIABILITY FOR DUES, ASSESSMENTS AND FEES.
Section 30-30-408 - RESIGNATION.
Section 30-30-409 - TERMINATION, EXPULSION AND SUSPENSION.
Section 30-30-410 - PURCHASE OF MEMBERSHIPS.