Section 28-50-104 – PROSPECTIVE APPLICATION.
28-50-104. PROSPECTIVE APPLICATION. This chapter applies to any electronic record or electronic signature created, generated, sent, communicated, received, or stored on or after the initial effective date of this chapter. History: [28-50-104, added 2000, ch. 286, sec. 1, p. 962.]
Section 28-46-501 – SHORT TITLE.
28-46-501. SHORT TITLE. This part shall be known and may be cited as the "Title Loan Act." History: [28-46-501, added 2006, ch. 323, sec. 1, p. 1023.]
Section 28-46-502 – DEFINITIONS.
28-46-502. DEFINITIONS. As used in this part, unless the context otherwise requires: (1) "Title lender" means a regulated lender authorized pursuant to this part to make title loans. (2) "Title loan" means a loan for a consumer purpose that is secured by a nonpurchase money security interest in titled personal property and that is scheduled […]
Section 28-46-503 – LICENSE REQUIRED.
28-46-503. LICENSE REQUIRED. (1) No person shall engage in the business of making title loans without having first obtained a license from the administrator pursuant to this chapter authorizing the person to make regulated consumer loans. (2) Any title loan made without first having obtained a license is void, in which case the person making […]
Section 28-46-504 – TITLE LOAN AGREEMENTS.
28-46-504. TITLE LOAN AGREEMENTS. (1) Every title lender shall keep a numbered record of each and every title loan agreement executed by the title lender and debtor. Such record, as well as the title loan agreement, shall include the following information: (a) The make, model and year of the titled personal property; (b) The vehicle […]
Section 28-46-505 – DISCLOSURE.
28-46-505. DISCLOSURE. (1) Notwithstanding the provisions of section 28-46-103, Idaho Code, or any other law to the contrary, in accordance with the Idaho administrative procedure act, chapter 52, title 67, Idaho Code, the administrator may promulgate rules requiring each title lender to issue a standardized consumer notification and disclosure form in compliance with federal truth-in-lending […]
Section 28-46-405 – DENIAL OF LICENSE.
28-46-405. DENIAL OF LICENSE. (1) If the administrator determines that an applicant is not qualified to receive a license, the administrator shall notify the applicant in writing that the application has been denied, and shall state the basis for denial. (2) If the administrator denies an application, or if the administrator fails to act on […]
Section 28-46-406 – NONTRANSFERABILITY — CHANGE IN CONTROL.
28-46-406. NONTRANSFERABILITY — CHANGE IN CONTROL. (1) Other than the transfer of a license to a new location as set forth in subsection (3) of this section, a license issued pursuant to this chapter is not transferable or assignable. (2) The prior written approval of the administrator is required for the continued operation of a […]
Section 28-46-407 – SUSPENSION OR REVOCATION OF LICENSE.
28-46-407. SUSPENSION OR REVOCATION OF LICENSE. (1) The administrator may, after notice and hearing, suspend or revoke any license if the administrator finds that the licensee: (a) Has knowingly or through the lack of due care failed to pay any fee imposed by the administrator under the authority of this act; (b) Has committed any […]
Section 28-46-114 – JURY TRIAL.
28-46-114. JURY TRIAL. The administrator has no right to trial by jury in an action brought by him under this act. History: [28-46-114, added 1983, ch. 119, sec. 3, p. 305.]