Idaho § 30-1606 - Financing
Full text of Idaho Idaho Statutes § 30-1606 — Financing, with citation guidance and answers to common questions.
§ 30-1606. Financing
No call of a special meeting of the shareholders of the issuing public corporation is required to be made pursuant to section 30-1605 , Idaho Code, and no consideration of the voting rights to be accorded to shares referred to in section 30-1603 (2), Idaho Code, acquired or to be acquired pursuant to a control share acquisition shall be presented at any special or annual meeting of the shareholders of the issuing public corporation unless at the time of delivery of the information statement pursuant to section 30-1604 , Idaho Code, the acquiring person has entered into and has delivered to the issuing public corporation a copy or copies of a definitive financing agreement or agreements with one (1) or more responsible financial institutions or other entities having the necessary financial capacity for any financing of the control share acquisition not to be provided by moneys of the acquiring person.
[30-1606, added 1988, ch. 84, sec. 2, p. 155.]
Frequently Asked Questions About Idaho § 30-1606
What does Idaho Statutes § 30-1606 cover?
Section 30-1606 ("Financing") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 30-1606?
A common citation format is "Idaho Statutes § 30-1606" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 30-1606 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.