Idaho Statutes

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

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TITLE 28
COMMERCIAL TRANSACTIONS
CHAPTER 36
IDAHO LEASE-PURCHASE AGREEMENT ACT
PART 1.
POWERS AND FUNCTIONS OF ADMINISTRATORS
28-36-106.  Prohibited practices. A lease-purchase agreement may not contain:
(1)  A confession of judgment;
(2)  A negotiable instrument;
(3)  A claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease-purchase agreement;
(4)  A wage assignment;
(5)  A waiver by the consumer of claims or defenses; or
(6)  A provision authorizing the lessor or a person acting on the lessor’s behalf to enter upon the consumer’s premises without consent, or to commit any breach of the peace in the repossession of goods.

History:
[28-36-106, added 1993, ch. 232, sec. 1, p. 809.]


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