Idaho Code § 26-2406: Duration of membership.
Where this section sits in the code
- TITLE 26 BANKS AND BANKING
- 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