GUARANTY AND SECURITY AGREEMENT PERSONAL ASSET LIMIT.

  1. Law
  2. Idaho Code
  3. COMMERCIAL TRANSACTIONS
  4. REPURCHASE OF FARM MACHINERY AND EQUIPMENT UPON TERMINATION OF CONTRACT
  5. GUARANTY AND SECURITY AGREEMENT PERSONAL ASSET LIMIT.

Checkout our iOS App for a better way to browser and research.

28-23-109. GUARANTY AND SECURITY AGREEMENT PERSONAL ASSET LIMIT. 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.

History:

[28-23-109, added 1975, ch. 97, sec. 9, p. 197.]


Download our app to see the most-to-date content.