{"data":{"id":"us-id/idaho-code-30-30-620","jurisdiction":"us-id","citation":"Idaho Code § 30-30-620","heading":"Loans to or guarantees for directors and officers.","body":"(1) Except with regard to loan or guarantee programs available to all members, a corporation may not lend money to or guarantee the obligation of a director or officer of the corporation, provided that a cooperative corporation may lend money to or guarantee the obligation of a director or officer with regard to loan or guarantee programs available to all members.\n(2) The fact that a loan or guarantee is made in violation of this section does not affect the borrower’s liability on the loan.","path":["TITLE 30 CORPORATIONS","CHAPTER 30 IDAHO NONPROFIT CORPORATION ACT","PART 6 DIRECTORS AND OFFICERS"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title30/t30ch30/sect30-30-620/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:43Z","sha256":"e42b9a0950b4983fd243524174d9bf4abbf1846c80a58d01af2ecf8d870c5079","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-30-30-619","next":"us-id/idaho-code-30-30-621"},"notice":"GroundRules: Original legal text. Not legal advice."}