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Idaho · Through 2026 Legislative Session

Idaho Code § 30-25-603: EFFECT OF DISSOCIATION.

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Where this section sits in the code
  1. TITLE 30 CORPORATIONS
  2. CHAPTER 25 LIMITED LIABILITY COMPANIES
  3. PART 6 DISSOCIATION

(a) If a person is dissociated as a member:

(1) The person’s right to participate as a member in the management and conduct of the limited liability company’s activities and affairs terminates;

(2) The person’s duties and obligations under section 30-25-409, Idaho Code, as a member end with regard to matters arising and events occurring after the person’s dissociation; and

(3) Subject to section 30-25-504, Idaho Code, and chapter 22, title 30, Idaho Code, any transferable interest owned by the person in the person’s capacity as a member immediately before dissociation is owned by the person solely as a transferee.

(b) A person’s dissociation as a member does not of itself discharge the person from any debt, obligation, or other liability to the limited liability company or the other members which the person incurred while a member.

Collected 2026-09-04T11:18:38Z. Source file · JSON

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