Idaho Code § 41-616: Valuation of purchase money mortgages.
Where this section sits in the code
- TITLE 41 INSURANCE
- 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