Idaho Statutes Title 28. Commercial Transactions § 28-9-110. Security interests arising under Chapter 2 or 12, Statutes Title 28, Idaho Code
Current as of January 01, 2023 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
A security interest arising under section 28-2-401, 28-2-505, 28-2-711(3) or 28-12-508(5) is subject to this chapter. However, until the debtor obtains possession of the goods:
(1) The security interest is enforceable, even if section 28-9-203(b)(3) has not been satisfied;
(2) Filing is not required to perfect the security interest;
(3) The rights of the secured party after default by the debtor are governed by chapter 2 or 12, title 28, Idaho Code; and
(4) The security interest has priority over a conflicting security interest created by the debtor.
Cite this article: FindLaw.com - Idaho Statutes Title 28. Commercial Transactions § 28-9-110. Security interests arising under Chapter 2 or 12, Statutes Title 28, Idaho Code - last updated January 01, 2023 | https://codes.findlaw.com/id/title-28-commercial-transactions/id-st-sect-28-9-110/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?