This bill amends Section 30-25-201 of the Idaho Code regarding the formation of limited liability companies (LLCs). It allows organizers to use the street and mailing addresses of a company's commercial registered agent as the principal office address under specific conditions. These conditions include the company attesting that it has no physical location other than a residential address and obtaining consent from the commercial registered agent to use its address.

Additionally, the bill declares an emergency, stating that it will take effect on July 1, 2026. The changes aim to provide more flexibility for LLCs in terms of their registered addresses, particularly for those without a physical office.