Idaho Code · Title 28 · Commercial Transactions
Idaho Code § 28-5305

Purchase And Sale

Ch. 53 — DIGITAL ASSETS
Idaho Code ● ACTIVE State Law Title 28
Statutory Text

Idaho Code § 28-5305 — Purchase And Sale.

TITLE 28 COMMERCIAL TRANSACTIONS CHAPTER 53 DIGITAL ASSETS 28-5305. purchase and sale. (1) Digital assets may be purchased and sold in the same manner and subject to the same laws of this state as other personal property. A purchaser or seller may be identified in any way including by name, identifying number, private key, office, or account number. (2)  Except as provided in subsection (3) of this section, a purchaser takes a right to payment, right to performance or interest in property evidenced by a digital asset subject to a claim of a property right, right to payment, and right to performance or interest in property evidenced by the digital asset. (3)  An action based on a claim of a property right, right to performance, or right of payment may not be asserted against a qualified purchaser. For the purposes of this subsection, a qualified purchaser is a purchaser of a digital asset or an interest in a digital asset that obtains the digital asset for value, in good faith, and without notice of a claim of a property right in the digital asset.

History:[28-5305, added 2022, ch. 284, sec. 1, p. 903.]
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-3BC287
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 28-5305
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
ef91e7556b66c936...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 28-5305 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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◈ Provenance
boisestandard.org United States Idaho Idaho Code Title 28 Idaho Code § 28-5305