Idaho Statutes
§ 28-23-109 — GUARANTY AND SECURITY AGREEMENT PERSONAL ASSET LIMIT
Idaho § 28-23-109
JurisdictionIdaho
Title 28COMMERCIAL TRANSACTIONS
Ch. 23REPURCHASE OF FARM MACHINERY AND EQUIPMENT UPON TERMINATION OF CONTRACT
This text of Idaho § 28-23-109 (GUARANTY AND SECURITY AGREEMENT PERSONAL ASSET LIMIT) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Idaho Code § 28-23-109 (2026).
Text
No party or person signing a security agreement or guaranty agreement with a manufacturer, distributor or wholesaler, shall be required to pledge or encumber its or his personal assets in a value in excess of the amount of the indebtedness secured.
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Legislative History
[28-23-109, added 1975, ch. 97, sec. 9, p. 197.]
Nearby Sections
15
§ 28-1-101
SHORT TITLES§ 28-1-102
SCOPE OF CHAPTER§ 28-1-104
CONSTRUCTION AGAINST IMPLIED REPEAL§ 28-1-105
SEVERABILITY§ 28-1-106
USE OF SINGULAR AND PLURAL — GENDER§ 28-1-107
SECTION CAPTIONS§ 28-1-201
GENERAL DEFINITIONS§ 28-1-202
NOTICE — KNOWLEDGE§ 28-1-204
VALUE§ 28-1-205
REASONABLE TIME — SEASONABLENESS§ 28-1-206
PRESUMPTIONSCite This Page — Counsel Stack
Bluebook (online)
Idaho § 28-23-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/28-23-109.