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Idaho · Through 2026 Legislative Session

Idaho Code § 26-2406: Duration of membership.

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Where this section sits in the code
  1. TITLE 26 BANKS AND BANKING
  2. CHAPTER 24 INDUSTRIAL DEVELOPMENT CORPORATIONS

Membership in the corporation shall be for the duration of the corporation; provided, that upon written notice given to the corporation five (5) years in advance, a member may withdraw from membership in the corporation at the expiration date of such notice.

A member shall not be obligated to make any loans to the corporation pursuant to calls made subsequent to notice of the intended withdrawal of said member.

Collected 2026-09-04T11:18:05Z. Source file · JSON

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