Idaho Code · Title 49 · Motor Vehicles
Idaho Code § 49-512A

Effect Of A Terminal Rental Adjustment Clause

Ch. 5 — VEHICLE TITLES
Idaho Code ● ACTIVE State Law Title 49
Statutory Text

Idaho Code § 49-512A — Effect Of A Terminal Rental Adjustment Clause.

TITLE 49 MOTOR VEHICLES CHAPTER 5 VEHICLE TITLES 49-512A. Effect of a terminal rental adjustment clause. Notwithstanding any provision of law to the contrary, a transaction involving a motor vehicle or trailer does not create a sale or security interest merely because the transaction provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon the sale or other disposition of the motor vehicle or trailer.

History:[49-512A, added 2004, ch. 247, sec. 1, p. 713.]
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-IC49-SEC-96C20D
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 49-512A
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
82a340d696a2427b...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 49-512A 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 49 Idaho Code § 49-512A