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EFFECT OF DISSOCIATION.

Idaho Code § 30-25-603
in effect
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30-25-603. EFFECT OF DISSOCIATION. (a) If a person is dissociated as a member: (1) The person’s right to participate as a member in the management and conduct of the limited liability company’s activities and affairs terminates; (2) The person’s duties and obligations under section 30-25-409 , Idaho Code, as a member end with regard to matters arising and events occurring after the person’s dissociation; and (3) Subject to section 30-25-504 , Idaho Code, and chapter 22, title 30 , Idaho Code, any transferable interest owned by the person in the person’s capacity as a member immediately before dissociation is owned by the person solely as a transferee. (b) A person’s dissociation as a member does not of itself discharge the person from any debt, obligation, or other liability to the limited liability company or the other members which the person incurred while a member. [30-25-603, added 2015, ch. 243, sec. 48, p. 890.]
Source: Idaho State Legislature (legislature.idaho.gov)URL: https://legislature.idaho.gov/statutesrules/idstat/Title30/T30CH25/SECT30-25-603/Fetched: 10/20/2026

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