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Idaho Statutes
Idaho Statutes are updated to the website July 1 following the legislative session.
COMMERCIAL TRANSACTIONS
CHAPTER 43
REGULATION OF AGREEMENTS AND PRACTICES
PART 3.
LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS
28-43-309. Restrictions on interest in land as security. 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.
History: