Section 55-1819 – CIVIL REMEDY.
55-1819. CIVIL REMEDY. (1) Every disposition made in violation of any of the provisions of this chapter, or of any order issued by the commission under any of the provisions of this chapter, shall be voidable at the election of the purchaser. The person making such disposition, and every director, officer, salesperson or agent of […]
Section 55-1819A – NONCOMPLIANCE — UNFAIR PRACTICE UNDER THE IDAHO CONSUMER PROTECTION ACT.
55-1819A. NONCOMPLIANCE — UNFAIR PRACTICE UNDER THE IDAHO CONSUMER PROTECTION ACT. Any offer or disposition made in violation of this chapter constitutes an unfair and deceptive act or practice pursuant to chapter 6, title 48, Idaho Code. History: [55-1819A, added 2010, ch. 214, sec. 20, p. 480.]
Section 55-1805 – EXEMPTIONS.
55-1805. EXEMPTIONS. (1) Unless the method of disposition is adopted for the purpose of evasion of this chapter, the registration provisions of this chapter do not apply to offers or dispositions of an interest in land: (a) By a purchaser of subdivided lands for his own account in a single or isolated transaction; (b) If […]
Section 55-1806 – APPLICATION FOR REGISTRATION.
55-1806. APPLICATION FOR REGISTRATION. (1) The application for registration of subdivided lands shall be filed as prescribed by the commission and shall contain the following documents and information: (a) An irrevocable appointment of the commission to receive service of any lawful process in any noncriminal proceeding arising under this chapter against the applicant or his […]
Section 55-1807 – PUBLIC OFFERING STATEMENT.
55-1807. PUBLIC OFFERING STATEMENT. (1) A public offering statement shall disclose fully and accurately the physical characteristics of the subdivided lands offered and shall make known to prospective purchasers all unusual and material circumstances or features affecting the subdivided lands. The proposed public offering statement submitted to the commission shall be in a form prescribed […]
Section 55-1808 – EXAMINATION BY COMMISSION OF APPLICATION FOR REGISTRATION.
55-1808. EXAMINATION BY COMMISSION OF APPLICATION FOR REGISTRATION. Upon receipt of an application for registration in proper form, the commission shall forthwith initiate an examination of the application for registration to determine that: (1) The requirements of section 55-1806, Idaho Code, have been satisfied, the subdivider can convey or cause to be conveyed the interest […]
Section 55-1809 – NOTICE OF FILING — REGISTRATION — REJECTION OF APPLICATION — FEES.
55-1809. NOTICE OF FILING — REGISTRATION — REJECTION OF APPLICATION — FEES. (1) Upon receipt of the application for registration in proper form and of a base registration fee of two hundred fifty dollars ($250), the commission shall issue a notice of filing to the applicant. In addition to the base registration fee, the following […]
Section 55-1810 – RENEWAL REPORT — DUTY TO REPORT CONVICTIONS AND JUDGMENTS.
55-1810. RENEWAL REPORT — DUTY TO REPORT CONVICTIONS AND JUDGMENTS. (1) The subdivider shall file a renewal report in the form prescribed by the commission. The renewal report shall reflect any material changes in information contained in the original application for registration. The renewal report must be filed with the renewal application not later than […]
Section 55-1811 – GENERAL POWERS AND DUTIES.
55-1811. GENERAL POWERS AND DUTIES. (1) The commission shall have the authority to promulgate, to amend and to repeal reasonable rules for the administration and enforcement of this chapter. Such rules may include provisions for advertising standards to assure full and fair disclosure; provisions for bond, escrow or trust agreements or other means to assure […]
Section 55-1812 – FRAUDULENT PRACTICES.
55-1812. FRAUDULENT PRACTICES. It shall be a fraudulent practice and it shall be unlawful: (1) For any person knowingly to subscribe to or make or cause to be made any materially false statement or representation in any application, financial statement or other document or statement required to be filed under any provision of this chapter, […]