Idaho Statutes

§ 45-901 — MORTGAGE DEFINED

Idaho·Title 45 LIENS, MORTGAGES AND PLEDGES·Ch. 9 MORTGAGES IN GENERAL
Mortgage is a contract excepting a trust deed or transfer in trust by which specific property is hypothecated for the performance of an act without the necessity of a change of possession.

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Legislative History

[(45-901) R.S., sec. 3350; reen. R.C. & C.L., sec. 3388; C.S., sec. 6355; I.C.A., sec. 44-801; am. 1957, ch. 181, sec. 16, p. 345.]

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