Idaho Code § 49-512A: Effect of a terminal rental adjustment clause.
Where this section sits in the code
- TITLE 49 MOTOR VEHICLES
- CHAPTER 5 VEHICLE TITLES
Notwithstanding any provision of law to the contrary, a transaction involving a motor vehicle or trailer does not create a sale or security interest merely because the transaction provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon the sale or other disposition of the motor vehicle or trailer.
Collected 2026-09-04T11:22:23Z. Source file · JSON