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Home » US Law » 2022 Idaho Code » Title 26 - BANKS AND BANKING » Chapter 37 - IDAHO CONTINUING-CARE DISCLOSURE ACT » Section 26-3708 – CROSS-COLLATERALIZATION PROHIBITED.

26-3708. CROSS-COLLATERALIZATION PROHIBITED. No part of the entrance fee placed in escrow may be pledged by the provider as collateral for the purpose of securing loans for any purpose other than providing for the care of the resident.

History:

[26-3708, added 2005, ch. 265, sec. 15, p. 822.]