Section 28-43-304 – NO ASSIGNMENT OF EARNINGS.
28-43-304. NO ASSIGNMENT OF EARNINGS. (1) A creditor may not take an assignment of earnings of the debtor for payment or as security for payment of a debt arising out of a regulated consumer credit transaction. An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable […]
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.]
Section 28-42-401 – MONEY OF ACCOUNT DEFINED.
28-42-401. MONEY OF ACCOUNT DEFINED. The money of account in this state is the dollar, cent and mill, and all public accounts and the proceedings of all courts in relation to money must be kept and expressed in money of the above denomination. History: [28-42-401, added 1983, ch. 119, sec. 3, p. 281.]
Section 28-41-202 – EXCLUSIONS.
28-41-202. EXCLUSIONS. This act does not apply to: (1) Extensions of credit to government or governmental agencies or instrumentalities; (2) The sale of insurance by an insurer, except as otherwise provided in the chapter on insurance, chapter 44, title 28, Idaho Code; (3) Transactions under public utility or common carrier tariffs if a subdivision or […]
Section 28-41-203 – JURISDICTION.
28-41-203. JURISDICTION. The courts of this state may exercise jurisdiction over any creditor with respect to any conduct of the creditor subject to this act or with respect to any claim arising from a transaction subject to this act. History: [28-41-203, added 1983, ch. 119, sec. 3, p. 268.]
Section 28-41-204 – APPLICABILITY.
28-41-204. APPLICABILITY. This act shall apply only to credit transactions for a consumer purpose, except for the following parts, chapters and sections, which shall apply to credit transactions for any and all purposes: (1) Part 1, chapter 41, title 28, Idaho Code; (2) Section 28-41-202, Idaho Code; (3) Section 28-41-203, Idaho Code; (4) Section 28-41-204, […]
Section 28-41-301 – GENERAL DEFINITIONS.
28-41-301. GENERAL DEFINITIONS. (1) "Actuarial method" means the method, defined by rules adopted by the administrator, of allocating payments made on a debt between principal or amount financed and loan finance charge or credit service charge pursuant to which a payment is applied first to the accumulated loan finance charge or credit service charge and […]