{"data":{"id":"us-id/idaho-code-30-30-304","jurisdiction":"us-id","citation":"Idaho Code § 30-30-304","heading":"ULTRA VIRES.","body":"(1) Except as provided in subsection (2) of this section, the validity of corporate action may not be challenged on the ground that the corporation lacks or lacked power to act.\n(2) A corporation’s power to act may be challenged in a proceeding against the corporation to enjoin an act where a third party has not acquired rights. The proceeding may be brought by a director, or by a member or members in a derivative proceeding.\n(3) A corporation’s power to act may be challenged in a proceeding against an incumbent or former director, officer, employee or agent of the corporation. The proceeding may be brought by a director, the corporation, directly, derivatively, or through a receiver, a trustee or other legal representative.","path":["TITLE 30 CORPORATIONS","CHAPTER 30 IDAHO NONPROFIT CORPORATION ACT","PART 3 PURPOSES AND POWERS"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title30/t30ch30/sect30-30-304/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:42Z","sha256":"4a248e2d3074947b7b7b66264eac07d49763a721759b24717664c83f91e6e985","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-30-30-303","next":"us-id/idaho-code-30-30-401"},"notice":"GroundRules: Original legal text. Not legal advice."}