Idaho § 28-36-103 INAPPLICABILITY OF OTHER LAWS — EXEMPTED TRANSACTIONS

Idaho Statutes

§ 28-36-103 — INAPPLICABILITY OF OTHER LAWS — EXEMPTED TRANSACTIONS

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 1. POWERS AND FUNCTIONS OF ADMINISTRATORS·Ch. 36 IDAHO LEASE-PURCHASE AGREEMENT ACT

(1)Lease-purchase agreements are not governed by the laws relating to:

(a)A home solicitation sale as defined in section 28-43-401, et seq., Idaho Code;

(b)A regulated consumer credit transaction pursuant to section 28-41-101, et seq., Idaho Code; or

(c)A security interest as defined in section 28-1-201, Idaho Code.

(2)This chapter does not apply to the following:

(a)Leases of personal property primarily for business, commercial or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;

(b)A lease of a safe deposit box;

(c)A lease or bailment of personal property which is incidental to the lease of real property, and which provides that the consumer has no option to purchase the leased property; or

(d)A lease of an automobile.

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(1) Lease-purchase agreements are not governed by the laws relating to:
(a) A home solicitation sale as defined in section 28-43-401, et seq., Idaho Code;
(b) A regulated consumer credit transaction pursuant to section 28-41-101, et seq., Idaho Code; or
(c) A security interest as defined in section 28-1-201, Idaho Code.
(2) This chapter does not apply to the following:
(a) Leases of personal property primarily for business, commercial or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;
(b) A lease of a safe deposit box;
(c) A lease or bailment of personal property which is incidental to the lease of real property, and which provides that the consumer has no option to purchase the leased property; or
(d) A lease of an automobile.

Idaho § 28-36-103 (INAPPLICABILITY OF OTHER LAWS — EXEMPTED TRANSACTIONS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.