Idaho Statutes

§ 45-110 — CONTRACTS FOR FORFEITURE VOID

Idaho·Title 45 LIENS, MORTGAGES AND PLEDGES·Ch. 1 LIENS IN GENERAL
All contracts for the forfeiture of property subject to a lien, in satisfaction of the obligation secured thereby, and all contracts in restraint of the right of redemption from a lien, are void.

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Related

Gem-Valley Ranches, Inc. v. Small
411 P.2d 943 (Idaho Supreme Court, 1966)
27 case citations

Legislative History

[(45-110) R.S., sec. 3334; reen. R.C. & C.L., sec. 3382; C.S., sec. 6349; I.C.A., sec. 44-110.]

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