Section 28-5301 – SHORT TITLE.
28-5301. SHORT TITLE. This chapter shall be known and may be cited as the "Digital Assets Act." History: [28-5301, added 2022, ch. 284, sec. 1, p. 901.]
Section 28-5302 – SCOPE.
28-5302. SCOPE. This chapter defines the legal status of digital assets. Digital assets are subject to applicable laws or rules that apply to their business or activity. History: [28-5302, added 2022, ch. 284, sec. 1, p. 901.]
Section 28-5303 – DEFINITIONS.
28-5303. DEFINITIONS. As used in this chapter: (1) "Adverse claim" means a claimant that has a property interest in a virtual currency or a right to payment evidenced by the virtual currency. (2) "Control" means the ability to exclude others from the use of property and includes the following: (a) A secured party, or an […]
Section 28-5304 – CLASSIFICATION OF DIGITAL ASSETS.
28-5304. CLASSIFICATION OF DIGITAL ASSETS. Digital assets are intangible personal property and are classified as follows: (1) Digital assets are intangible personal property and are general intangibles as defined in section 28-9-102, Idaho Code. (2) Digital securities are intangible personal property and are investment property as defined in section 28-9-102, Idaho Code. (3) Virtual currency […]
Section 28-5305 – PURCHASE AND SALE.
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 […]
Section 28-5306 – PERFECTION BY POSSESSION OR CONTROL.
28-5306. PERFECTION BY POSSESSION OR CONTROL. (1) Perfection by possession creates a possessory security interest under section 28-9-301, Idaho Code. (2) A security interest held by a secured party having possession or control has priority over a security interest held by a secured party that does not have possession or control, as applicable. Other provisions […]
Section 28-51-107 – VIOLATIONS.
28-51-107. VIOLATIONS. In any case in which an agency’s, commercial entity’s or individual’s primary regulator has reason to believe that an agency, individual or commercial entity subject to that primary regulator’s jurisdiction under section 28-51-104(6), Idaho Code, has violated section 28-51-105, Idaho Code, by failing to give notice in accordance with that section, the primary […]
Section 28-52-101 – SHORT TITLE.
28-52-101. SHORT TITLE. This chapter shall be known and cited as the "Credit Report Protection Act." History: [28-52-101, added 2008, ch. 177, sec. 2, p. 523.]
Section 28-52-102 – DEFINITIONS.
28-52-102. DEFINITIONS. In this chapter: (1) "Consumer" means a natural person. (2) "Consumer reporting agency" means a person who, for fees, dues or on a cooperative basis, regularly engages in whole or in part in the practice of assembling or evaluating information concerning a consumer’s credit or other information for the purpose of furnishing a […]
Section 28-52-103 – SECURITY FREEZE.
28-52-103. SECURITY FREEZE. (1) A consumer may place a security freeze on the consumer’s credit report by: (a) Making a request to a consumer reporting agency in writing by regular or certified mail at an address designated by the consumer reporting agency to receive the request; (b) Providing proper identification; and (c) Paying the fee […]