Statutes > Idaho Statutes > TITLE 30 CORPORATIONS > CHAPTER 6 IDAHO UNIFORM LIMITED LIABILITY COMPANY ACT > PART 8. FOREIGN LIMITED LIABILITY COMPANIES > 30-6-808 EFFECT OF FAILURE TO HAVE CERTIFICATE OF AUTHORITY.

30-6-808 EFFECT OF FAILURE TO HAVE CERTIFICATE OF AUTHORITY.

TITLE 30

CORPORATIONS

CHAPTER 6

IDAHO UNIFORM LIMITED LIABILITY COMPANY ACT

PART 8.

FOREIGN LIMITED LIABILITY COMPANIES

30-6-808. Effect of failure to have certificate of authority. (1) A foreign limited liability company transacting business in this state may not maintain an action or proceeding in this state unless it has a certificate of authority to transact business in this state.

(2) The failure of a foreign limited liability company to have a certificate of authority to transact business in this state does not impair the validity of a contract or act of the company or prevent the company from defending an action or proceeding in this state.

(3) A member or manager of a foreign limited liability company is not liable for the debts, obligations or other liabilities of the company solely because the company transacted business in this state without a certificate of authority.