30-30-406. MEMBER’S LIABILITY TO THIRD PARTIES. A member of a corporation is not, as such, personally liable for the acts, debts, liabilities or obligations of the corporation.
History:
[30-30-406, added 2015, ch. 243, sec. 77, p. 976.]
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.