This bill amends Section 30-25-201 of the Idaho Code regarding the formation of limited liability companies (LLCs). The key change allows organizers to use either the street and mailing addresses of the company's principal office or the addresses of the company's commercial registered agent when filing the certificate of organization. This modification aims to provide flexibility for LLC organizers in meeting the address requirements for their filings.
Additionally, the bill declares an emergency, stating that it will take effect on July 1, 2026. The changes are intended to streamline the formation process for LLCs in Idaho, making it easier for organizers to comply with legal requirements while ensuring that the necessary information is still provided to the Secretary of State.