Section 28-43-403 – FORM OF AGREEMENT OR OFFER — STATEMENT OF BUYER’S RIGHTS.
28-43-403. FORM OF AGREEMENT OR OFFER — STATEMENT OF BUYER’S RIGHTS. (1) In a home solicitation sale, the seller shall present to the buyer and obtain his signature to a written agreement or offer to purchase that designates as the date of the transaction the date on which the buyer actually signs, and contains a […]
Section 28-43-404 – RESTORATION OF DOWN PAYMENT.
28-43-404. RESTORATION OF DOWN PAYMENT. (1) Within ten (10) days after a notice of cancellation has been received by the seller or an offer to purchase has been otherwise revoked, the seller shall tender to the buyer any payments made by the buyer, any note or other evidence of indebtedness, and any goods traded in. […]
Section 28-43-405 – DUTY OF BUYER — NO COMPENSATION FOR SERVICES BEFORE CANCELLATION.
28-43-405. DUTY OF BUYER — NO COMPENSATION FOR SERVICES BEFORE CANCELLATION. Except as provided by the provisions on retention of goods by the buyer, subsection (3) of section 28-43-404, Idaho Code, and allowing for ordinary wear and tear or consumption of the goods contemplated by the transaction, within a reasonable time after a home solicitation […]
Section 28-44-101 – SHORT TITLE.
28-44-101. SHORT TITLE. This chapter shall be known and may be cited as Idaho Credit Code – Insurance in Regulated Consumer Credit Transactions. History: [28-44-101, added 1983, ch. 119, sec. 3, p. 287.]
Section 28-44-102 – SCOPE — RELATION TO CREDIT INSURANCE ACT — APPLICABILITY TO PARTIES.
28-44-102. SCOPE — RELATION TO CREDIT INSURANCE ACT — APPLICABILITY TO PARTIES. (1) Except as provided in subsection (2) of this section, this chapter applies to insurance provided or to be provided in relation to a regulated consumer credit transaction, as defined in section 28-41-301, Idaho Code. (2) The provision on cancellation by a creditor, […]
Section 28-44-103 – CREDIT INSURANCE — CREDIT INSURANCE ACT — DEFINED.
28-44-103. CREDIT INSURANCE — CREDIT INSURANCE ACT — DEFINED. (1) In this act, "credit insurance" means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include: (a) Insurance provided in relation to a credit transaction in which a payment is […]
Section 28-42-307 – REBATE UPON PREPAYMENT.
28-42-307. REBATE UPON PREPAYMENT. (1) Except as provided in subsection (2) of this section, upon prepayment in full of the unpaid balance of a precomputed regulated consumer loan or regulated consumer credit sale, refinancing, or consolidation, an amount not less than the unearned portion of the finance charge calculated according to this section shall be […]
Section 28-43-305 – AUTHORIZATION TO CONFESS JUDGMENT PROHIBITED.
28-43-305. AUTHORIZATION TO CONFESS JUDGMENT PROHIBITED. A debtor may not authorize any person to confess judgment on a claim arising out of a regulated consumer credit transaction. An authorization in violation of this section is void. History: [28-43-305, added 1983, ch. 119, sec. 3, p. 284.]
Section 28-42-308 – DISHONORED CHECK FEES.
28-42-308. DISHONORED CHECK FEES. With respect to a regulated credit transaction, a dishonored check fee in the amount allowed as a set collection fee under section 28-22-105, Idaho Code, may be charged and collected by a creditor, for the return by a depository institution of a dishonored check, negotiable order of withdrawal, or share draft, […]
Section 28-43-306 – CERTAIN NEGOTIABLE INSTRUMENTS PROHIBITED.
28-43-306. CERTAIN NEGOTIABLE INSTRUMENTS PROHIBITED. With respect to a regulated consumer credit sale, the creditor may not take a negotiable instrument other than a check dated not later than ten (10) days after its issuance as evidence of the obligation of the debtor. History: [28-43-306, added 1983, ch. 119, sec. 3, p. 284.]