Section 28-12-101 – SHORT TITLE.
28-12-101. SHORT TITLE. This chapter shall be known and may be cited as "Uniform Commercial Code-Leases." History: [28-12-101, added 1993, ch. 287, sec. 1, p. 978.]
Section 28-12-102 – SCOPE.
28-12-102. SCOPE. This chapter applies to any transaction, regardless of form, that creates a lease. History: [28-12-102, added 1993, ch. 287, sec. 1, p. 978.]
Section 28-12-103 – DEFINITIONS AND INDEX OF DEFINITIONS.
28-12-103. DEFINITIONS AND INDEX OF DEFINITIONS. (1) In this chapter unless the context otherwise requires: (a) "Buyer in ordinary course of business" means a person who in good faith and without knowledge that the sale to him is in violation of the ownership rights or security interest or leasehold interest of a third party in […]
Section 28-12-104 – LEASES SUBJECT TO OTHER LAW.
28-12-104. LEASES SUBJECT TO OTHER LAW. (1) A lease, although subject to this chapter, is also subject to any applicable: (a) Certificate of title statute of this state; or (b) Certificate of title statute of another jurisdiction (section 28-12-105); or (c) Provision of the Idaho credit code. (2) In case of conflict between this chapter, […]
Section 28-12-105 – TERRITORIAL APPLICATION OF ARTICLE TO GOODS COVERED BY CERTIFICATE OF TITLE.
28-12-105. TERRITORIAL APPLICATION OF ARTICLE TO GOODS COVERED BY CERTIFICATE OF TITLE. Subject to the provisions of sections 28-12-304(3) and 28-12-305(3), with respect to goods covered by a certificate of title issued under a statute of this state or of another jurisdiction, compliance and the effect of compliance or noncompliance with a certificate of title […]
Section 28-12-106 – LIMITATION ON POWER OF PARTIES TO CONSUMER LEASE TO CHOOSE APPLICABLE LAW AND JUDICIAL FORUM.
28-12-106. LIMITATION ON POWER OF PARTIES TO CONSUMER LEASE TO CHOOSE APPLICABLE LAW AND JUDICIAL FORUM. (1) If the law chosen by the parties to a consumer lease is that of a jurisdiction other than a jurisdiction in which the lessee resides at the time the lease agreement becomes enforceable or within thirty (30) days […]
Section 28-12-107 – WAIVER OR RENUNCIATION OF CLAIM OR RIGHT AFTER DEFAULT.
28-12-107. WAIVER OR RENUNCIATION OF CLAIM OR RIGHT AFTER DEFAULT. Any claim or right arising out of an alleged default or breach of warranty may be discharged in whole or in part without consideration by a written waiver or renunciation signed and delivered by the aggrieved party. History: [28-12-107, added 1993, ch. 287, sec. 1, […]
Section 28-12-108 – UNCONSCIONABILITY.
28-12-108. UNCONSCIONABILITY. (1) If the court as a matter of law finds a lease contract or any clause of a lease contract to have been unconscionable at the time it was made the court may refuse to enforce the lease contract, or it may enforce the remainder of the lease contract without the unconscionable clause, […]
Section 28-12-109 – OPTION TO ACCELERATE AT WILL.
28-12-109. OPTION TO ACCELERATE AT WILL. (1) A term providing that one (1) party or his successor in interest may accelerate payment or performance or require collateral or additional collateral "at will" or "when he deems himself insecure" or in words of similar import must be construed to mean that he has power to do […]