Idaho Code · Title 41 · Insurance
Idaho Code § 41-616

Valuation Of Purchase Money Mortgages

Ch. 6 — ASSETS AND LIABILITIES
Idaho Code ● ACTIVE State Law Title 41
Statutory Text

Idaho Code § 41-616 — Valuation Of Purchase Money Mortgages.

TITLE 41 INSURANCE CHAPTER 6 ASSETS AND LIABILITIES 41-616. Valuation of purchase money mortgages. Purchase money mortgages on real property referred to in subsection (1) of section 41-615 of this chapter shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or ninety per cent (90%) of the fair value of such real property, whichever is less.

History:[41-616, added 1961, ch. 330, sec. 137, p. 645.]
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-IC41-SEC-49053B
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 41-616
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
6fa44a686f91478e...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 41-616 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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