Idaho Code 30-30-515 – Other Methods of Electing Directors
Current as of: 2023 | Check for updates
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A corporation may provide in its articles or bylaws for election of directors by members or delegates:
(1) On the basis of chapter or other organizational unit;
Terms Used In Idaho Code 30-30-515
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) By region or other geographic unit, including voting district and, in respect to each such voting district, the articles or bylaws shall describe the boundaries thereof and designate the number of directors that shall be elected by the members residing therein;
(3) By preferential voting; or
(4) By any other reasonable method.