Idaho Statutes

§ 45-904 — TRANSFERS DEEMED MORTGAGES

Idaho·Title 45 LIENS, MORTGAGES AND PLEDGES·Ch. 9 MORTGAGES IN GENERAL
Every transfer of an interest in property other than in trust to secure the performance of any obligation of the trustor or other person named in the trust instrument, made only as a security for the performance of another act, is to be deemed a mortgage.

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Legislative History

[(45-904) R.S., sec. 3353; reen. R.C. & C.L., sec. 3391; C.S., sec. 6358; I.C.A., sec. 44-804; am. 1957, ch. 181, sec. 18, p. 345; am. 1967, ch. 272, sec. 13, p. 745.]

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