reglab/housing_qa huggingface dataset:
ID Code § 30-1513 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 15 - IDAHO COMMODITY CODE|Section 30-1513 - ADMINISTRATION — RULES AND FORMS.

30-1513. ADMINISTRATION — RULES AND FORMS. (1) The administration of the provisions of this chapter shall be under the general supervision and control of the director. The director may from time to time make, amend and rescind such rules and forms as are necessary to carry out the provisions of this chapter. No rule or form may be made unless the director finds that the action is necessary or appropriate in the public interest or for the protection of investors and consistent with the purposes of this chapter. (2) Neither the director nor any employees of the director shall use any information which is filed with or obtained by the director which is not public information for personal gain or benefit, nor shall the director nor any employees of the director conduct any securities or commodity dealings whatsoever based upon any such information, even though public, if there has not been a sufficient period of time for the securities or commodity markets to assimilate such information. (3) (a) Except as provided in paragraph (b) of this subsection, all information collected, assembled or maintained by the director is public information and is available for the examination of the public. (b) The following items are not public information and are deemed to be confidential: (i) Information or documents obtained by the director concerning any matter or party under investigation; (ii) Information designated as confidential by any rule or order of the director; (iii) Information obtained from federal agencies which may not be disclosed under federal law. (c) The director in his discretion may disclose any information made confidential under paragraph (b)(i) of this subsection to persons identified in section 30-1514, Idaho Code. (d) No provision of this chapter either creates or derogates any privilege which exists at common law, by statute or otherwise when any documentary or other evidence is sought under subpoena directed to the director or any employee of the director.  History: [30-1513, added 1989, ch. 414, sec. 1, p. 1014.]
ID Code § 30-1514 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 15 - IDAHO COMMODITY CODE|Section 30-1514 - COOPERATION WITH OTHER AGENCIES.

30-1514. COOPERATION WITH OTHER AGENCIES. To encourage uniform application and interpretation of the provisions of this chapter and securities regulation and enforcement in general, the director and the employees of the director may cooperate, including bearing the expense of the cooperation, with the securities agencies or director of another jurisdiction, Canadian province or territory or such other agencies administering the provisions of this chapter, the commodity futures trading commission, the securities and exchange commission, any self-regulatory organization established under the commodity exchange act or the securities exchange act of 1934, any national or international organization of commodities or securities officials or agencies, and any governmental law enforcement agency.  History: [30-1514, added 1989, ch. 414, sec. 1, p. 1015.]
ID Code § 30-1515 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 15 - IDAHO COMMODITY CODE|Section 30-1515 - CONSENT TO SERVICE OF PROCESS.

30-1515. CONSENT TO SERVICE OF PROCESS. When a person including a nonresident of this state, engages in conduct prohibited or made actionable by the provisions of this chapter or any rule or order of the director, such conduct shall constitute the appointment of the director and his successors as the person’s attorney to receive service of any lawful process in a noncriminal proceeding against the person, a successor, or personal representative, which grows out of that conduct and which is brought under this chapter or any rule or order of the director with the same force and validity as if served personally.  History: [30-1515, added 1989, ch. 414, sec. 1, p. 1015.]
ID Code § 30-1516 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 15 - IDAHO COMMODITY CODE|Section 30-1516 - SCOPE.

30-1516. SCOPE. (1) Sections 30-1502, 30-1505 and 30-1506, Idaho Code, apply to persons who sell or offer to sell when: (a) An offer to sell is made in this state, or (b) An offer to buy is made and accepted in this state. (2) Sections 30-1502, 30-1505 and 30-1506, Idaho Code, apply to persons who buy or offer to buy when: (a) An offer to buy is made in this state, or (b) An offer to sell is made and accepted in this state. (3) For the purposes of this section, an offer to sell or to buy is made in this state, whether or not either party is then present in this state, when the offer: (a) Originates from this state, or (b) Is directed by the offeror to this state and received at the place to which it is directed or at any post office in this state in the case of a mailed offer. (4) For the purpose of this section, an offer to buy or to sell is accepted in this state when acceptance: (a) Is communicated to the offeror in this state, and (b) Has not previously been communicated to the offeror, orally or in writing, outside this state; and acceptance is communicated to the offeror in this state, whether or not either party is then present in this state, when the offeree directs it to the offeror in this state, reasonably believing the offeror to be in this state and it is received at the place to which it is directed or at any post office in this state in the case of a mailed acceptance. (5) An offer to sell or to buy is not made in this state when: (a) The publisher circulates or there is circulated on his behalf in this state any bona fide newspaper or other publication of general, regular, and paid circulation which is not published in this state, or which is published in this state, but more than two-thirds of the publication’s circulation has been outside this state during the previous twelve (12) months, or (b) A radio or television program originating outside this state is received in this state.  History: [30-1516, added 1989, ch. 414, sec. 1, p. 1015.]
ID Code § 30-1517 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 15 - IDAHO COMMODITY CODE|Section 30-1517 - PROCEDURE FOR ENTRY OF AN ORDER.

30-1517. PROCEDURE FOR ENTRY OF AN ORDER. (1) The director shall commence an administrative proceeding under this chapter by entering either a notice of intent to do a contemplated act or a summary order. The notice of intent or summary order may be entered without notice, without opportunity for hearing, and need not be supported by findings of fact or conclusions of law, but must be in writing. (2) Upon entry of a notice of intent or summary order, the director shall promptly notify all interested parties that the notice or summary order has been entered and the reasons therefor. If the proceeding is pursuant to a notice of intent, the director shall inform all interested parties of the date, time and place set for the hearing on the notice. If the proceeding is pursuant to a summary order, the director shall inform all interested parties that they have thirty (30) business days from the entry of the order to file a written request for a hearing on the matter with the director and that the hearing will be scheduled to commence within thirty (30) business days after the receipt of the written request. (3) If the proceeding is pursuant to a summary order, the director, whether or not a written request for a hearing is received from any interested party, may set the matter down for hearing on the director’s own motion. (4) If no hearing is requested and none is ordered by the director, the summary order will automatically become a final order after thirty (30) business days. (5) If a hearing is requested or ordered, the director, after notice of an opportunity for hearing to all interested persons, may modify or vacate the order or extend it until final determination. (6) No final order or order after hearing may be returned without: (a) Appropriate notice to all interested persons; (b) Opportunity for hearing by all interested persons; and (c) Entry of written findings of fact and conclusions of law. Every hearing in an administrative proceeding under the provisions of this chapter shall be public unless the director grants a request joined in by all the respondents that the hearing be conducted privately.  History: [30-1517, added 1989, ch. 414, sec. 1, p. 1016.]
ID Code § 30-1518 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 15 - IDAHO COMMODITY CODE|Section 30-1518 - JUDICIAL REVIEW OF ORDERS.

30-1518. JUDICIAL REVIEW OF ORDERS. Any person aggrieved by a final order of the director may obtain judicial review of the order pursuant to the provisions of chapter 52, title 67, Idaho Code.  History: [30-1518, added 1989, ch. 414, sec. 1, p. 1016; am. 1993, ch. 216, sec. 15, p. 597.]
ID Code § 30-1519 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 15 - IDAHO COMMODITY CODE|Section 30-1519 - PLEADING EXEMPTIONS.

30-1519. PLEADING EXEMPTIONS. It shall not be necessary to negative any of the exemptions in this chapter in any complaint, information or indictment, or any writ or proceeding brought under this chapter, and the burden of proof of any such exemption shall be upon the party claiming the same.  History: [30-1519, added 1989, ch. 414, sec. 1, p. 1016.]
ID Code § 30-1520 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 15 - IDAHO COMMODITY CODE|Section 30-1520 - SHORT TITLE.

30-1520. SHORT TITLE. This chapter shall be known and may be cited as the "Idaho Commodity Code."  History: [30-1520, added 1989, ch. 414, sec. 1, p. 1017.]
ID Code § 30-1602 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1602 - DUTIES OF DIRECTOR.

30-1602. DUTIES OF DIRECTOR. In discharging the duties of the position of director of an issuing public corporation, a director, in considering the best interests of the corporation, shall consider the long-term as well as the short-term interests of the corporation and its shareholders including the possibility that these interests may be best served by the continued independence of the corporation. In addition, a director may consider the interests of Idaho employees, suppliers, customers and communities in discharging his duties.  History: [30-1602, added 1988, ch. 84, sec. 2, p. 153.]
ID Code § 30-1603 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1603 - APPLICATION.

30-1603. APPLICATION. (1) The provisions of this chapter shall not apply to a control share acquisition if: (a) The acquiring person was an acquiring person on, or became an acquiring person pursuant to a tender offer commenced prior to, the day following the effective date of this act, and remained such; (b) The original articles or bylaws of the issuing public corporation contain a provision expressly electing not to be subject to this chapter; (c) The issuing public corporation, by action of its board of directors, adopts an amendment to its bylaws expressly electing not to be subject to this chapter; or (d) The issuing public corporation, by action of its shareholders, adopts an amendment to its articles of incorporation or bylaws approved by the shareholders holding sixty-six and two-thirds per cent (66 2/3%) of the outstanding voting power of all shares entitled to vote, excluding the shares of interested shareholders and their affiliates and associates, under which the issuing public corporation by such shareholder action expressly elects not to be subject to this chapter, and such amendment provides that it is not to be effective until eighteen (18) months after the effective date of this chapter. (2) The shares of an issuing public corporation acquired by an acquiring person in a control share acquisition that exceed the threshold of voting power of any of the ranges specified in section 30-1604(1)(d), Idaho Code, have only the voting rights accorded them pursuant to section 30-1607, Idaho Code, and then only as provided in such section, and will not otherwise have any voting rights regardless of the terms thereof. (3) This chapter does not apply to insurance companies regulated under Title 41, Idaho Code.  History: [30-1603, added 1988, ch. 84, sec. 2, p. 153.]
ID Code § 30-1605 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1605 - MEETING OF SHAREHOLDERS.

30-1605. MEETING OF SHAREHOLDERS. If the acquiring person so requests in writing at the time of delivery of an information statement pursuant to section 30-1604, Idaho Code, and has made, or has made a bona fide written offer to make, a control share acquisition and gives a written undertaking to pay or reimburse the issuing public corporation’s expenses of a special meeting, except the expenses of the issuing public corporation in opposing approval of the control share acquisition, within ten (10) days after receipt by the issuing public corporation of the information statement, a special meeting of the shareholders of the issuing public corporation shall be called for the purpose of considering the voting rights to be accorded to shares referred to in section 30-1603(2), Idaho Code, acquired or to be acquired pursuant to the control share acquisition. The special meeting shall be held no later than fifty-five (55) days after receipt of the information statement, unless the acquiring person agrees to a later date. If no request for a special meeting is made, consideration of the voting rights to be accorded to shares referred to in section 30-1603(2), Idaho Code, acquired or to be acquired pursuant to the control share acquisition shall be presented at the next special or annual meeting of the shareholders, which takes place more than fifty-five (55) days after the receipt of the information statement by the issuing public corporation, unless the matter of the voting rights becomes moot. The notice of the meeting shall be accompanied at a minimum by a copy of the information statement and a copy of any amendment to the information statement previously delivered to the issuing public corporation and a statement disclosing that the board of the issuing public corporation recommends approval of, expresses no opinion and is remaining neutral toward, recommends rejection of or is unable to take a position with respect to according voting rights to shares referred to in section 30-1603(2), Idaho Code, acquired or to be acquired in the control shares acquisition. The notice of meeting shall be given at least ten (10) days before the meeting.  History: [30-1605, added 1988, ch. 84, sec. 2, p. 155.]
ID Code § 30-1606 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1606 - FINANCING.

30-1606. FINANCING. No call of a special meeting of the shareholders of the issuing public corporation is required to be made pursuant to section 30-1605, Idaho Code, and no consideration of the voting rights to be accorded to shares referred to in section 30-1603(2), Idaho Code, acquired or to be acquired pursuant to a control share acquisition shall be presented at any special or annual meeting of the shareholders of the issuing public corporation unless at the time of delivery of the information statement pursuant to section 30-1604, Idaho Code, the acquiring person has entered into and has delivered to the issuing public corporation a copy or copies of a definitive financing agreement or agreements with one (1) or more responsible financial institutions or other entities having the necessary financial capacity for any financing of the control share acquisition not to be provided by moneys of the acquiring person.  History: [30-1606, added 1988, ch. 84, sec. 2, p. 155.]
ID Code § 30-1607 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1607 - VOTING RIGHTS.

30-1607. VOTING RIGHTS. (1) Shares referred to in section 30-1603(2), Idaho Code, acquired in a control share acquisition have the same voting rights as were accorded the shares before the control share acquisition but only if and to the extent approved by a resolution of shareholders of the issuing public corporation at a special or annual meeting of shareholders pursuant to section 30-1605, Idaho Code. (2) The resolution of shareholders must be approved by the affirmative vote of the holders of sixty-six and two-thirds per cent (66 2/3%) of the voting power of all shares entitled to vote excluding all interested shares. (3) A class or series of shares of the issuing public corporation is entitled to vote separately as a class or series if any provision of the control share acquisition would, if contained in a proposed amendment to the articles of the issuing public corporation, entitle the class or series to vote separately as a class or series. (4) To have the voting rights accorded by approval of a resolution of shareholders, any proposed control share acquisition not consummated before the time of the shareholder approval must be consummated within one hundred eighty (180) days after the shareholders’ approval. (5) Any shares referred to in section 30-1603(2), Idaho Code, acquired in a control share acquisition that do not have voting rights accorded to them by approval of a resolution of shareholders shall regain their voting rights on transfer to a person other than the acquiring person or any affiliate or associate of the acquiring person unless the acquisition of the shares by the other person constitutes a control share acquisition, in which case the voting rights of the shares are subject to the provisions of this chapter.  History: [30-1607, added 1988, ch. 84, sec. 2, p. 156.]
ID Code § 30-1608 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1608 - RIGHTS OF ACTION.

30-1608. RIGHTS OF ACTION. (1) An acquiring person, an issuing public corporation and shareholders of an issuing public corporation may sue at law or in equity to enforce the provisions of this chapter. (2) The issuing public corporation may make application to a court of competent jurisdiction to obtain a declaration of the issuing public corporation’s and other persons’ obligations and rights under the act, and the court in any such action may, to the extent it deems appropriate, modify the timing requirements under this act during the time the court is determining the matter, provided, however, that, consistent with the proper adjudication of the matter, courts of this state will determine the matter in the most expeditious manner practicable.  History: [30-1608, added 1988, ch. 84, sec. 2, p. 156.]
ID Code § 30-1609 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1609 - REDEMPTION.

30-1609. REDEMPTION. (1) Unless otherwise expressly provided in the articles or in bylaws of an issuing public corporation, the issuing public corporation may call for redemption of all but not less than all shares referred to in section 30-1603(2), Idaho Code, acquired in a control share acquisition at a redemption price equal to the market value of the shares at the time the call for redemption is given if either: (a) An information statement has not been delivered to the issuing public corporation by the acquiring person by the tenth day after the control share acquisition; or (b) An information statement has been delivered but the shareholders have voted not to accord voting rights to such shares pursuant to section 30-1607(2), Idaho Code. (2) The issuing public corporation shall give the call for redemption within thirty (30) days after the event giving the issuing public corporation the option to call the shares for redemption and the shares shall be redeemed within sixty (60) days after the call is given.  History: [30-1609, added 1988, ch. 84, sec. 2, p. 156.]
ID Code § 30-1610 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1610 - SCOPE.

30-1610. SCOPE. (1) Nothing contained in this chapter is intended or shall be construed in any way to limit, modify or restrict an issuing public corporation’s authority to take any action which the directors may appropriately determine to be in furtherance of the protection of the interests of the corporation and its shareholders, including without limitation the authority to adopt or enter into plans, arrangements or instruments that deny rights, privileges, power or authority to the holder or holders of at least a specified number of shares or percentage of share ownership or voting power in certain circumstances. (2) The requirements imposed by this chapter are to be in addition to, and not in lieu of, requirements imposed on a transaction by any provision in the articles or the bylaws of the issuing public corporation, or otherwise.  History: [30-1610, added 1988, ch. 84, sec. 2, p. 157.]
ID Code § 30-1611 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1611 - JURISDICTION.

30-1611. JURISDICTION. (1) If the jurisdiction under the laws of which the issuing public corporation is organized has adopted or adopts any law comparable to this chapter which imposes limitations on the voting rights of any person in the event that the person acquires or proposes to acquire shares of the issuing public corporation which exceed or meet any level or range of ownership or voting powers specified in such law, and that law contains provisions which are expressly inconsistent with, or cannot practically be applied in a manner consistent with, the provisions of this chapter as applicable to the issuing public corporation, the provisions of this chapter shall be inapplicable to the issuing public corporation to the extent necessary to resolve such inconsistency. (2) If any jurisdiction other than the jurisdiction under the laws of which the issuing public corporation is organized has adopted or adopts any law comparable to the provisions of this chapter which imposes limitations on the voting rights of any person in the event that the person acquires or proposes to acquire shares of the issuing public corporation which exceed or meet any level or range of ownership specified in such law and that law contains provisions which are expressly inconsistent with, or cannot practically be applied in a manner consistent with, the provisions of this chapter as applicable to the issuing public corporation, the provisions of this chapter shall be inapplicable to the issuing public corporation to the extent that (i) a greater percentage of shareholders of the issuing public corporation reside in that jurisdiction than in this state, computed in accordance with provisions of section 30-1601(12), Idaho Code, and then, only to the extent necessary to resolve such inconsistency or (ii) the director of the department of finance determines within three (3) business days from the date on which this chapter’s provisions are first applicable to a particular control share acquisition that the other jurisdiction’s law adequately provides for the protection of Idaho shareholders.  History: [30-1611, added 1988, ch. 84, sec. 2, p. 157.]
ID Code § 30-1612 (2021)
2021 Idaho Code|Title 30 - CORPORATIONS|Chapter 16 - CONTROL SHARE ACQUISITION ACT|Section 30-1612 - SEVERABILITY.

30-1612. SEVERABILITY. The provisions of this chapter are hereby declared to be severable and if any provision of this act or the application of such provision to any person or circumstance is declared invalid for any reason, such declaration shall not affect the validity of remaining portions of this act that can be given effect without the invalid provision or application. The invalidity of any provision of this act shall not affect the remaining provisions of this act.  History: [30-1612, added 1988, ch. 84, sec. 2, p. 158.]