DISSOLUTION BY INCORPORATORS OR INITIAL DIRECTORS.
Idaho Code § 30-29-1401
in effect30-29-1401. DISSOLUTION BY INCORPORATORS OR INITIAL DIRECTORS.
A majority of the incorporators or initial directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the secretary of state for filing articles of dissolution that set forth:
(a) The name of the corporation;
(b) The date of its incorporation;
(c) Either:
(1) That none of the corporation’s shares has been issued; or
(2) That the corporation has not commenced business;
(d) That no debt of the corporation remains unpaid;
(e) That the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and
(f) That a majority of the incorporators or initial directors authorized the dissolution.
[30-29-1401, added 2015, ch. 243, sec. 69, p. 956; am. 2019, ch. 90, sec. 145, p. 319.]
Source: Idaho State Legislature (legislature.idaho.gov)URL: https://legislature.idaho.gov/statutesrules/idstat/Title30/T30CH29/SECT30-29-1401/Fetched: 10/20/2026