28-45-301 LIMITATION ON DEFAULT CHARGES. - Idaho Statutes

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Statutes > Idaho > Title28 > T28ch45 > T28ch45pt3 > T28ch45sect28-45-301

TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 45

REMEDIES AND PENALTIES

PART 3.

LIMITATIONS ON DEBTORS’ LIABILITIES

28-45-301. Limitation on default charges. Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a regulated consumer credit transaction may not provide for any charges as a result of default by the debtor except those authorized by this act. A provision in violation of this section is unenforceable.

State Codes and Statutes

Statutes > Idaho > Title28 > T28ch45 > T28ch45pt3 > T28ch45sect28-45-301

TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 45

REMEDIES AND PENALTIES

PART 3.

LIMITATIONS ON DEBTORS’ LIABILITIES

28-45-301. Limitation on default charges. Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a regulated consumer credit transaction may not provide for any charges as a result of default by the debtor except those authorized by this act. A provision in violation of this section is unenforceable.

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State Codes and Statutes

Statutes > Idaho > Title28 > T28ch45 > T28ch45pt3 > T28ch45sect28-45-301

TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 45

REMEDIES AND PENALTIES

PART 3.

LIMITATIONS ON DEBTORS’ LIABILITIES

28-45-301. Limitation on default charges. Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a regulated consumer credit transaction may not provide for any charges as a result of default by the debtor except those authorized by this act. A provision in violation of this section is unenforceable.