Idaho § 28-44-106 UNCONSCIONABILITY

Idaho Statutes

§ 28-44-106 — UNCONSCIONABILITY

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 1. INSURANCE IN GENERAL·Ch. 44 INSURANCE

(1)In applying the provisions of this act on unconscionability, sections 28-45-106 and 28-46-111, Idaho Code, to a separate charge for insurance, consideration shall be given, among other factors, to:

(a)Potential benefits to the debtor including the satisfaction of his obligations;

(b)The creditor’s need for the protection provided by the insurance; and

(c)The relation between the amount and terms of credit granted and the insurance benefits provided.

(2)If credit insurance otherwise complies with this chapter and other applicable law, neither the amount nor the term of the insurance nor the amount of a charge therefor is in itself unconscionable.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) In applying the provisions of this act on unconscionability, sections 28-45-106 and 28-46-111, Idaho Code, to a separate charge for insurance, consideration shall be given, among other factors, to:
(a) Potential benefits to the debtor including the satisfaction of his obligations;
(b) The creditor’s need for the protection provided by the insurance; and
(c) The relation between the amount and terms of credit granted and the insurance benefits provided.
(2) If credit insurance otherwise complies with this chapter and other applicable law, neither the amount nor the term of the insurance nor the amount of a charge therefor is in itself unconscionable.

Idaho § 28-44-106 (UNCONSCIONABILITY) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.