Getting out of a closely held corporation is difficult. Unless there is an agreement on how to get out, the corporation must be dissolved. When a corporation is dissolved, all its assets are sold, all the debts are paid, and the shareholders are paid whatever is left....
If a homeowner’s association is an Idaho nonprofit corporation, it must hold an annual meeting of its members. Date and Time of Annual Meeting The date and time of the annual meeting must be set in the bylaws. Idaho Code § 30-30-501. If the bylaws do not tell the...
With the growth of sites like airbnb.com, more and more homeowner’s associations (HOAs) have owners who lease out their homes for days at a time. These short term rentals sometimes come with problems, like increased traffic, noise and damage to the common area....
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