{"data":{"id":"us-id/idaho-code-28-9-628","jurisdiction":"us-id","citation":"Idaho Code § 28-9-628","heading":"Nonliability and limitation on liability of secured party — Liability of secondary obligor.","body":"(a) Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person, and knows how to communicate with the person:\n(1) The secured party is not liable to the person, or to a secured party or lienholder that has filed a financing statement against the person, for failure to comply with this chapter; and\n(2) The secured party’s failure to comply with this chapter does not affect the liability of the person for a deficiency.\n(b) A secured party is not liable because of its status as secured party:\n(1) To a person that is a debtor or obligor, unless the secured party knows:\n(A) that the person is a debtor or obligor;\n(B) the identity of the person; and\n(C) how to communicate with the person; or\n(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:\n(A) that the person is a debtor; and\n(B) the identity of the person.\n(c) A secured party is not liable to any person, and a person’s liability for a deficiency is not affected, because of any act or omission arising out of the secured party’s reasonable belief that a transaction is not a consumer goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party’s belief is based on its reasonable reliance on:\n(1) A debtor’s representation concerning the purpose for which collateral was to be used, acquired or held; or\n(2) An obligor’s representation concerning the purpose for which a secured obligation was incurred.\n(d) A secured party is not liable to any person under section 28-9-625(c)(2) for its failure to comply with section 28-9-616.\n(e) A secured party is not liable under section 28-9-625(c)(2) more than once with respect to any one (1) secured obligation.","path":["TITLE 28 COMMERCIAL TRANSACTIONS","CHAPTER 9 SECURED TRANSACTIONS","PART 6. DEFAULT"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title28/t28ch9/sect28-9-628/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:22Z","sha256":"5e595f50010df258826dec88e68be39b553d19c017031fd401717f63d3f8c076","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-28-9-627","next":"us-id/idaho-code-28-9-701"},"notice":"GroundRules: Original legal text. Not legal advice."}