PENALTY FOR FAILURE TO GIVE NOTICE OR OBTAIN CONSENT.

  1. Law
  2. Idaho Code
  3. COMMERCIAL TRANSACTIONS
  4. REPURCHASE OF FARM MACHINERY AND EQUIPMENT UPON TERMINATION OF CONTRACT
  5. PENALTY FOR FAILURE TO GIVE NOTICE OR OBTAIN CONSENT.

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28-23-110. PENALTY FOR FAILURE TO GIVE NOTICE OR OBTAIN CONSENT. In the event that any manufacturer, wholesaler or distributor of farm implements, equipment, machinery, attachments and repair parts fails to give notice or obtain consent pursuant to section 28-23-108, Idaho Code, or fails or refuses to comply with section 28-23-109, Idaho Code, the guaranty or security agreement thereby affected will be deemed cancelled and terminated.

History:

[28-23-110, added 1975, ch. 97, sec. 10, p. 197; am. 2011, ch. 270, sec. 9, p. 734.]


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