GroundRules
← Search the law
Idaho · Through 2026 Legislative Session

Idaho Code § 28-12-205: Firm offers.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 28 COMMERCIAL TRANSACTIONS
  2. CHAPTER 12 UNIFORM COMMERCIAL CODE — LEASES
  3. PART 2. FORMATION AND CONSTRUCTION OF LEASE CONTRACT

An offer by a merchant to lease goods to or from another person in a signed writing that by its terms gives assurance it will be held open is not revocable, for lack of consideration, during the time stated or, if no time is stated, for a reasonable time, but in no event may the period of irrevocability exceed three (3) months. Any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

Collected 2026-09-04T11:18:23Z. Source file · JSON

Browse this collection