TITLE 45

LIENS, MORTGAGES AND PLEDGES

CHAPTER 18

AGRICULTURAL COMMODITY DEALER LIENS

45-1807.  Filing notice of discharge. (1) If a notice of lien is filed pursuant to section 45-1804, Idaho Code, and the lienholder subsequently receives full payment, the lienholder shall file with the secretary of state a notice of discharge, signed by the lienholder, declaring that full payment has been received and that the lien is discharged.

(2)  Upon receiving the notice, the secretary of state shall enter it in a searchable database kept to record such liens.

(3)  If a lienholder, after receiving full payment, fails to file a notice of discharge of the lien within thirty (30) days after being requested in writing to do so, he is liable to the purchaser of the agricultural product for damages in the amount of three hundred dollars ($300).

History:

[45-1807, added 1983, ch. 202, sec. 1, p. 551; am. 2000, ch. 339, sec. 3, p. 1134.]