(1) The Idaho district court of the county where a corporation's principal office is located, or, if none in this state, Ada county, may remove a director of the corporation from office in a proceeding commenced by or in the right of the corporation if the court finds that: (a) The director engaged in fraudulent conduct with respect to the corporation or its shareholders, grossly abused the position of director, or intentionally inflicted harm on the corporation; and (b) Considering the director's course of conduct and the inadequacy of other available remedies, removal would be in the best interest of the corporation. (2) A shareholder proceeding on behalf of the corporation under subsection (1) of this section shall comply with all the requirements of sections 30-1-741 through 30-1-747 , Idaho Code, except section 30-1-741 (1), Idaho Code. (3) The court, in addition to removing the director, may bar the director from reelection for a period prescribed by the court. (4) Nothing in this section limits the equitable powers of the court to order other relief.
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