Idaho Statutes
§ 28-43-310 — REGULAR SCHEDULE OF PAYMENTS — MAXIMUM LOAN TERM
Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 3. LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS·Ch. 43 REGULATION OF AGREEMENTS AND PRACTICES
Regulated consumer loans, not made pursuant to open-end credit and in which the principal is one thousand dollars ($1,000) or less, shall be scheduled to be payable in substantially equal installments at equal periodic intervals except to the extent that the schedule of payments is adjusted to the seasonal or irregular income of the debtor, and:
(1)Over a period of not more than thirty-seven (37) months if the principal is more than three hundred dollars ($300), or
(2)Over a period of not more than twenty-five (25) months if the principal is three hundred dollars ($300) or less.
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Legislative History
[28-43-310, 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