Idaho Statutes

§ 69-251 — PAYMENT OF PURCHASE PRICE

Idaho·Title 69 WAREHOUSES·Ch. 2 BONDED WAREHOUSE LAW
A warehouseman shall pay to the depositor the purchase price for agricultural commodities upon deposit or demand by the depositor, but not later than thirty (30) days after deposit unless otherwise agreed by the parties in writing. As used in this section, "payment" means the actual payment or tender of payment by the warehouseman to the depositor of the agreed purchase price.

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Legislative History

[69-251, added 1983, ch. 44, sec. 19, p. 115; am. 1990, ch. 183, sec. 5, p. 404; am. 2001, ch. 304, sec. 8, p. 1107.]

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