Idaho Statutes
§ 28-43-309 — RESTRICTIONS ON INTEREST IN LAND AS SECURITY
Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 3. LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS·Ch. 43 REGULATION OF AGREEMENTS AND PRACTICES
With respect to a regulated consumer loan in which the principal is one thousand dollars ($1,000) or less, a regulated lender may not contract for an interest in land as security. A security interest taken in violation of this section is void.
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Idaho § 28-43-309 (RESTRICTIONS ON INTEREST IN LAND AS SECURITY) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[28-43-309, added 1983, ch. 119, sec. 3, p. 285.]
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
PRESUMPTIONS