Idaho Statutes

§ 28-45-301 — LIMITATION ON DEFAULT CHARGES

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 3. LIMITATIONS ON DEBTORS’ LIABILITIES·Ch. 45 REMEDIES AND PENALTIES
Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a regulated consumer credit transaction may not provide for any charges as a result of default by the debtor except those authorized by this act. A provision in violation of this section is unenforceable.

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Legislative History

[28-45-301, added 1983, ch. 119, sec. 3, p. 298.]

Nearby Sections

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