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Idaho · Through 2026 Legislative Session

Idaho Code § 41-616: Valuation of purchase money mortgages.

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Where this section sits in the code
  1. TITLE 41 INSURANCE
  2. CHAPTER 6 ASSETS AND LIABILITIES

Purchase money mortgages on real property referred to in subsection (1) of section 41-615 of this chapter shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or ninety per cent (90%) of the fair value of such real property, whichever is less.

Collected 2026-09-04T11:20:28Z. Source file · JSON

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