Idaho Code · Title 28 · Commercial Transactions
Idaho Code § 28-23-109

Guaranty And Security Agreement Personal Asset Limit

Ch. 23 — REPURCHASE OF FARM MACHINERY AND EQUIPMENT UPON TERMINATION OF CONTRACT
Idaho Code ● ACTIVE State Law Title 28
Statutory Text

Idaho Code § 28-23-109 — Guaranty And Security Agreement Personal Asset Limit.

TITLE 28 COMMERCIAL TRANSACTIONS CHAPTER 23 REPURCHASE OF FARM MACHINERY AND EQUIPMENT UPON TERMINATION OF CONTRACT 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.

History:[28-23-109, added 1975, ch. 97, sec. 9, p. 197.]
Source: legislature.idaho.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC28-SEC-1D6A14
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 28-23-109
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
64765791c40d6f89...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 28-23-109 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
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boisestandard.org United States Idaho Idaho Code Title 28 Idaho Code § 28-23-109