Idaho Statutes

Idaho Statutes are updated to the web July 1 following the legislative session.

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TITLE 28
COMMERCIAL TRANSACTIONS
CHAPTER 2
UNIFORM COMMERCIAL CODE — SALES
PART 2.
FORM, FORMATION AND READJUSTMENT OF CONTRACT
28-2-205.  Firm offers. An offer by a merchant to buy or sell goods in a signed writing which by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated or if no time is stated for a reasonable time, but in no event may such period of irrevocability exceed three months; but any such term of assurance on a form supplies [supplied] by the offeree must be separately signed by the offeror.

History:
[28-2-205, added 1967, ch. 161, sec. 2-205, p. 351.]


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