{"data":{"id":"us-id/idaho-code-30-29-1409","jurisdiction":"us-id","citation":"Idaho Code § 30-29-1409","heading":"director duties.","body":"(a) Directors shall cause the dissolved corporation to discharge or make reasonable provision for the payment of claims and make distributions in liquidation of assets to shareholders after payment or provision for claims.\n(b) Directors of a dissolved corporation that has disposed of claims under section 30-29-1406, 30-29-1407, or 30-29-1408, Idaho Code, shall not be liable for breach of subsection (a) of this section, with respect to claims against the dissolved corporation that are barred or satisfied under section 30-29-1406, 30-29-1407, or 30-29-1408, Idaho Code.","path":["TITLE 30 CORPORATIONS","CHAPTER 29 GENERAL BUSINESS CORPORATIONS","PART 14 DISSOLUTION"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title30/t30ch29/sect30-29-1409/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:42Z","sha256":"53c54dc1d5a1ad4b581119af8448faad6d2e8dd8f64da0c035fa2e2dbfa57698","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-30-29-1408","next":"us-id/idaho-code-30-29-1430"},"notice":"GroundRules: Original legal text. Not legal advice."}
