Idaho Code § 18-1908

Current through the 2024 Regular Session
Section 18-1908 - DIRECTORS DEEMED TO HAVE KNOWLEDGE OF AFFAIRS

Every director of a corporation or joint stock association is deemed to possess such a knowledge of the affairs of his corporation as to enable him to determine whether any act, proceeding or omission of its directors is a violation of this chapter.

Idaho Code § 18-1908

[18-1908, added 1972, ch. 336, sec. 1, p. 882.]