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Idaho · Through 2026 Legislative Session

Idaho Code § 28-12-109: Option to accelerate at will.

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Where this section sits in the code
  1. TITLE 28 COMMERCIAL TRANSACTIONS
  2. CHAPTER 12 UNIFORM COMMERCIAL CODE — LEASES
  3. PART 1. GENERAL PROVISIONS

(1) A term providing that one (1) party or his successor in interest may accelerate payment or performance or require collateral or additional collateral "at will" or "when he deems himself insecure" or in words of similar import must be construed to mean that he has power to do so only if he in good faith believes that the prospect of payment or performance is impaired.

(2) With respect to a consumer lease, the burden of establishing good faith under subsection (1) of this section is on the party who exercised the power; otherwise the burden of establishing lack of good faith is on the party against whom the power has been exercised.

Collected 2026-09-04T11:18:22Z. Source file · JSON

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