Idaho Code · Title 30 · Corporations
Idaho Code § 30-1606

Financing

Ch. 16 — CONTROL SHARE ACQUISITION ACT
Idaho Code ● ACTIVE State Law Title 30
Statutory Text

Idaho Code § 30-1606 — Financing.

TITLE 30 CORPORATIONS CHAPTER 16 CONTROL SHARE ACQUISITION ACT 30-1606. Financing. No call of a special meeting of the shareholders of the issuing public corporation is required to be made pursuant to section 30-1605 , Idaho Code, and no consideration of the voting rights to be accorded to shares referred to in section 30-1603 (2), Idaho Code, acquired or to be acquired pursuant to a control share acquisition shall be presented at any special or annual meeting of the shareholders of the issuing public corporation unless at the time of delivery of the information statement pursuant to section 30-1604 , Idaho Code, the acquiring person has entered into and has delivered to the issuing public corporation a copy or copies of a definitive financing agreement or agreements with one (1) or more responsible financial institutions or other entities having the necessary financial capacity for any financing of the control share acquisition not to be provided by moneys of the acquiring person.

History:[30-1606, added 1988, ch. 84, sec. 2, p. 155.]
Source: legislature.idaho.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC30-SEC-8C77CA
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 30-1606
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
9351570f99bfbbba...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 30-1606 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
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boisestandard.org United States Idaho Idaho Code Title 30 Idaho Code § 30-1606