Idaho Code § 30-29-745: DISCONTINUANCE OR SETTLEMENT.
Where this section sits in the code
- TITLE 30 CORPORATIONS
- CHAPTER 29 GENERAL BUSINESS CORPORATIONS
- PART 7 SHAREHOLDERS
A derivative proceeding may not be discontinued or settled without the court’s approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation’s shareholders or a class or series of shareholders, the court shall direct that notice be given to the shareholders affected.
Collected 2026-09-04T11:18:40Z. Source file · JSON