30-30-601. REQUIREMENT FOR AND DUTIES OF BOARD. (1) Each corporation must have a board of directors.
(2) Except as provided in this act or subsection (3) of this section, all corporate powers shall be exercised by or under the authority of, and the affairs of the corporation managed under the direction of, its board.
(3) The articles may authorize a person or persons to exercise some or all of the powers that would otherwise be exercised by a board. To the extent so authorized, any such person or persons shall have the duties and responsibilities of the directors, and the directors shall be relieved to that extent from such duties and responsibilities.
History:
[30-30-601, added 2015, ch. 243, sec. 79, p. 984.]
Structure Idaho Code
Chapter 30 - IDAHO NONPROFIT CORPORATION ACT
Part 6 - DIRECTORS AND OFFICERS
Section 30-30-601 - REQUIREMENT FOR AND DUTIES OF BOARD.
Section 30-30-602 - QUALIFICATIONS OF DIRECTORS.
Section 30-30-603 - NUMBER OF DIRECTORS.
Section 30-30-604 - ELECTION, DESIGNATION AND APPOINTMENT OF DIRECTORS.
Section 30-30-605 - TERMS OF DIRECTORS GENERALLY.
Section 30-30-606 - STAGGERED TERMS FOR DIRECTORS.
Section 30-30-607 - RESIGNATION OF DIRECTORS.
Section 30-30-608 - REMOVAL OF DIRECTORS ELECTED BY MEMBERS OR DIRECTORS.
Section 30-30-609 - REMOVAL OF DESIGNATED OR APPOINTED DIRECTORS.
Section 30-30-610 - VACANCY ON BOARD.
Section 30-30-611 - COMPENSATION OF DIRECTORS.
Section 30-30-612 - REGULAR AND SPECIAL MEETINGS.
Section 30-30-613 - ACTION WITHOUT MEETING.
Section 30-30-614 - CALL AND NOTICE OF MEETINGS.
Section 30-30-615 - WAIVER OF NOTICE.
Section 30-30-616 - QUORUM AND VOTING.
Section 30-30-617 - COMMITTEES OF THE BOARD.
Section 30-30-618 - GENERAL STANDARDS FOR DIRECTORS.
Section 30-30-619 - DIRECTOR — CONFLICT OF INTEREST.
Section 30-30-620 - LOANS TO OR GUARANTEES FOR DIRECTORS AND OFFICERS.
Section 30-30-621 - REQUIRED OFFICERS.
Section 30-30-622 - DUTIES AND AUTHORITY OF OFFICERS.
Section 30-30-623 - STANDARDS OF CONDUCT FOR OFFICERS.
Section 30-30-624 - RESIGNATION AND REMOVAL OF OFFICERS.
Section 30-30-625 - OFFICERS’ AUTHORITY TO EXECUTE DOCUMENTS.
Section 30-30-626 - INDEMNIFICATION OF OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS.