GroundRules
Idaho Code § 28-23-109: Guaranty and security agreement personal asset limit.
Where this section sits in the code
- TITLE 28 COMMERCIAL TRANSACTIONS
- CHAPTER 23 REPURCHASE OF FARM MACHINERY AND EQUIPMENT UPON TERMINATION OF CONTRACT
No party or person signing a security agreement or guaranty agreement with a manufacturer, distributor or wholesaler, shall be required to pledge or encumber its or his personal assets in a value in excess of the amount of the indebtedness secured.
Collected 2026-09-04T11:18:24Z. Source file · JSON