Viewing: idaho

Mar 7

March 7, 2017

Idaho – Legislation Corrects Oversights from 2015 Business Organizations Code

Idaho – Legislation Corrects Oversights from 2015 Business Organizations Code

House Bill 54 (Session Law Chapter 34) signed by the governor February 22 and effective July 1 corrects oversights from the 2015 enactment of the Business Organizations Code to clarify certain fee names and remove fees that are no longer charged.
Jun 24

June 24, 2016

Idaho – Bill Repeals Provisions Relating to Non-Consensual Common Law Liens

Idaho – Bill Repeals Provisions Relating to Non-Consensual Common Law Liens

House Bill 491 signed by the governor March 23 and effective July 1 repeals provisions relating to non-consensual common law liens and provides an expedited procedure to remove such liens.
May 23

May 23, 2016

Idaho – Re-Domestication Exceptions for Domestic Insurers

Idaho – Re-Domestication Exceptions for Domestic Insurers

House Bill 440 signed by the governor March 17 and effective July 1 creates an exception for stock insurers that re-domesticate to Idaho from the provisions requiring a domestic insurer to maintain principal place of business and home office in the state.
Apr 1

April 1, 2016

Idaho – Benefit Corporation Annual Report Requirement Removed

Idaho – Benefit Corporation Annual Report Requirement Removed

House Bill 390 signed by the governor March 23 and effective July 1 removes the requirement that benefit corporations file an annual benefit report with the Secretary of State. Benefit corporations still are required to send the annual benefit report to each stockholder and post the report on the corporation’s website.
May 8

May 8, 2015

Idaho – Legislation Adopting The Harmonized Uniform Business Organizations Code Becomes Effective July 1

Idaho – Legislation Adopting The Harmonized Uniform Business Organizations Code Becomes Effective July 1

SB 1025 (Chapter 243) signed by the governor April 3 and effective July 1 adopts the Harmonized Uniform Business Organizations Code created by the Uniform Law Commission to create a single comprehensive state business code.
Mar 21

March 21, 2013

Idaho – HB210 amends residential mortgage licensing processes

Idaho – HB210 amends residential mortgage licensing processes

House Bill 210 (Chapter 64) signed by the governor March 13 and effective July 1 amends residential mortgage licensing processes to allow the director to reinstate licenses for 60 days following expiration for failure to renew. View details
Mar 28

March 28, 2012

Idaho Enacts the 2010 Amendments to UCC Article 9

Idaho Enacts the 2010 Amendments to UCC Article 9

Idaho Senate joined the growing list of states that have enacted the 2010 Amendments to UCC Article 9. The governor signed Senate Bill 1307 on Tuesday, March 27, 2012. The new law enacts the Alternative A “Only If” approach for individual debtor name sufficiency in Section 9-503(a)(4), incorporates images of the 04/20/2011 safe harbor forms in Section 9-521 and adopts the uniform effective date of July 1, 2013.  CSC will continue to provide updates for any significant developments with state…
Feb 13

February 13, 2012

Idaho Introduces the 2010 Amendments to UCC Article 9

Idaho Introduces the 2010 Amendments to UCC Article 9

The Idaho Senate introduced a bill to enact the 2010 Amendments to UCC Article 9 on Friday, February 10, 2012.  Senate Bill 1307 provides the Alternative A “Only If” approach for individual debtor name sufficiency in Section 9-503(a)(4), incorporates image of the approved forms in Section 9-521, and adopts the uniform effective date of July 1, 2013.  There is one significant non-uniform provision in SB 1307.  CurrentIdaholaw includes a non-uniform addition that addresses fraudulent financing statements.  Section 28-9-516A requires the…