6-108. DEFICIENCY JUDGMENTS — AMOUNT RESTRICTED. No court in the state of Idaho shall have jurisdiction to enter a deficiency judgment in any case involving a foreclosure of a mortgage on real property in any amount greater than the difference between the mortgage indebtedness, as determined by the decree, plus costs of foreclosure and sale, and the reasonable value of the mortgaged property, to be determined by the court in the decree upon the taking of evidence of such value.
History:
[6-108, added 1933, ch. 150, sec. 1, p. 229.]