Statutes, codes, and regulations
Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 23 - REPURCHASE OF FARM MACHINERY AND EQUIPMENT UPON TERMINATION OF CONTRACT
Section 28-23-109 - GUARANTY AND SECURITY AGREEMENT PERSONAL ASSET LIMIT

Idaho Code § 28-23-109

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Current through the 2024 Regular Session
Section 28-23-109 - GUARANTY AND SECURITY AGREEMENT PERSONAL ASSET LIMIT

No party or person signing a security agreement or guaranty agreement with a manufacturer, distributor or wholesaler, shall be required to pledge or encumber its or his personal assets in a value in excess of the amount of the indebtedness secured.

Idaho Code § 28-23-109

[28-23-109, added 1975, ch. 97, sec. 9, p. 197.]