42-2404. POWERS VESTED IN STOCKHOLDERS. The rights, powers and privileges herein created and granted shall vest in and be held and exercised by the stockholders except in so far as they may be expressly delegated to the directors by the articles of incorporation or by-laws of the corporation.
History:
[(42-2404) 1917, ch. 46, sec. 2, p. 106; reen. C.L. 129:12; C.S., sec. 3051; I.C.A., sec. 41-2004.]
Structure Idaho Code
Title 42 - IRRIGATION AND DRAINAGE -- WATER RIGHTS AND RECLAMATION
Chapter 24 - CONFORMATION OF OPERATING COMPANIES TO DISTRICT SYSTEM
Section 42-2401 - ADDITIONAL RIGHTS AND POWERS GRANTED IRRIGATION OR CANAL COMPANIES.
Section 42-2402 - PURPOSES OF ORGANIZATION DETERMINED FROM CHARTER.