Idaho § 49-1636 CONSIGNMENT SALES

Idaho Statutes

§ 49-1636 — CONSIGNMENT SALES

Idaho·Title 49 MOTOR VEHICLES·Ch. 16 DEALERS AND SALESMEN LICENSING

(1)An owner who consigns a vehicle to a vehicle dealer to be offered for sale or exchange on behalf of the owner to a third party purchaser, shall provide the dealer with either the certificate of title to the vehicle along with a power of attorney designating the dealer as an agent of the owner, or a duly executed consignment agreement between the dealer and the owner, along with a copy of the certificate of title of the vehicle being consigned.

(2)A consignment agreement shall contain at the least, the following:

(a)The name and current address of the owner of the vehicle as shown on the certificate of title;

(b)The name and current address of any person holding a lien on the vehicle;

(c)The name of the consignee;

(d)A description of the vehicle including the vehicle’s make, model,

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(1) An owner who consigns a vehicle to a vehicle dealer to be offered for sale or exchange on behalf of the owner to a third party purchaser, shall provide the dealer with either the certificate of title to the vehicle along with a power of attorney designating the dealer as an agent of the owner, or a duly executed consignment agreement between the dealer and the owner, along with a copy of the certificate of title of the vehicle being consigned.
(2) A consignment agreement shall contain at the least, the following:
(a) The name and current address of the owner of the vehicle as shown on the certificate of title;
(b) The name and current address of any person holding a lien on the vehicle;
(c) The name of the consignee;
(d) A description of the vehicle including the vehicle’s make, model, vehicle identification number and odometer reading; and
(e) A statement that the owner has appointed the vehicle dealer as his agent for the purpose of offering the vehicle for sale.

Idaho § 49-1636 (CONSIGNMENT SALES) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.