Idaho State Statutes - Idaho Attorney Directory

Any proposed amendment to
the articles of incorporation of a bank shall, before the same is adopted, be
submitted to the director for his approval as to form and content. In addition
to the articles of amendment to be filed with the secretary of state under the
provisions of the general business corporation act, like articles and a copy
of the articles of incorporation as amended must be filed in the office of the
director and no amendment shall be operative nor effective until such articles
be filed in the office of the director and shall have been approved in writing
by the director. The articles of incorporation may be amended to include a
provision which eliminates or limits the personal liability of the directors
of the bank in accordance with section 30-1-202, Idaho Code, provided that
such provision shall not eliminate or limit the liability of a director under
section 26-213(5), Idaho Code.

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