Idaho Code 28-43-309 – Restrictions On Interest in Land as Security
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 28-43-309
- Contract: A legal written agreement that becomes binding when signed.
With respect to a regulated consumer loan in which the principal is one thousand dollars ($1,000) or less, a regulated lender may not contract for an interest in land as security. A security interest taken in violation of this section is void.