reglab/housing_qa huggingface dataset:
ID Code § 28-42-302 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 3 - OTHER CHANGES AND MODIFICATIONS|Section 28-42-302 - DEFERRAL CHARGES.

28-42-302. DEFERRAL CHARGES. (1) With respect to a precomputed regulated consumer credit transaction, refinancing, or consolidation, the parties before or after default may agree in writing to a deferral of all or part of one or more unpaid installments, and the creditor may make and collect a charge not exceeding the rate previously stated to the debtor applied to the amount or amounts deferred for the period of deferral calculated without regard to differences in the lengths of months, but proportionally for a part of a month, counting each day as 1/30th of a month. A deferral charge may be collected at the time it is assessed or at any time thereafter. (2) The parties may agree in writing at the time of a precomputed regulated consumer credit transaction, refinancing, or consolidation that if an installment is not paid within ten (10) days after its due date, the creditor may unilaterally grant a deferral and make charges as provided in this section. No deferral charge may be made for a period after the date that the creditor elects to accelerate the maturity of the agreement. (3) A delinquency charge made by the creditor on an installment may not be retained if a deferral charge is made pursuant to this section with respect to the period of delinquency.  History: [28-42-302, added 1983, ch. 119, sec. 3, p. 277.]
ID Code § 28-42-303 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 3 - OTHER CHANGES AND MODIFICATIONS|Section 28-42-303 - FINANCE CHARGE ON REFINANCING.

28-42-303. FINANCE CHARGE ON REFINANCING. With respect to a regulated consumer credit transaction, the creditor may, by agreement with the debtor, refinance the unpaid balance and may contract for and receive a finance charge based on the amount financed resulting from the refinancing. The amount financed resulting from the refinancing comprises, if the transaction was not precomputed, the total of the unpaid balance and accrued charges on the date of refinancing, or, if the transaction was precomputed, the amount which the borrower or buyer would have been required to pay upon prepayment pursuant to the provisions on rebate upon prepayment, section 28-42-307, Idaho Code, on the date of refinancing, except that for the purpose of computing this amount, no minimum charge shall be allowed.  History: [28-42-303, added 1983, ch. 119, sec. 3, p. 277.]
ID Code § 28-42-304 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 3 - OTHER CHANGES AND MODIFICATIONS|Section 28-42-304 - FINANCE CHARGE ON CONSOLIDATION.

28-42-304. FINANCE CHARGE ON CONSOLIDATION. If a debtor owes an unpaid balance to a creditor with respect to a regulated consumer loan or regulated consumer credit sale, or a refinancing or consolidation thereof, and becomes obligated on another regulated consumer loan or regulated consumer credit sale, or a refinancing or consolidation thereof, with the same lender or seller, the parties may agree to a consolidation resulting in a single schedule of payments pursuant to either of the following subsections: (1) The parties may agree to refinance the unpaid balance with respect to the previous loan or sale pursuant to the provisions on refinancing, section 28-42-303, Idaho Code, and to consolidate the amount financed resulting from the refinancing by adding it to the amount financed with respect to the subsequent loan or sale. The lender or seller may contract for and receive a finance charge based on the aggregate amount financed resulting from the consolidation. (2) The parties may agree to consolidate the unpaid balance of a regulated consumer loan or regulated consumer credit sale with the unpaid balance of another regulated consumer loan or regulated consumer credit sale. The parties may agree in writing to refinance the previous unpaid balance pursuant to the provisions on refinancing, section 28-42-303, Idaho Code, and to consolidate the amount financed resulting from the refinancing or the principal resulting from the refinancing by adding to it the amount financed or the principal with respect to the subsequent loan or sale; the aggregate amount resulting from the consolidation shall be deemed principal and the creditor may contract for and receive a finance charge based upon the principal.  History: [28-42-304, added 1983, ch. 119, sec. 3, p. 277.]
ID Code § 28-42-305 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 3 - OTHER CHANGES AND MODIFICATIONS|Section 28-42-305 - CONVERSION TO OPEN-END CREDIT.

28-42-305. CONVERSION TO OPEN-END CREDIT. The parties may agree at or within ten (10) days before the time of conversion to add the unpaid balance of a regulated consumer credit transaction not made pursuant to open-end credit to the debtor’s open-end credit account with the creditor. The unpaid balance so added is an amount equal to the amount financed, determined according to the provision on finance charge on refinancing, section 28-42-303, Idaho Code.  History: [28-42-305, added 1983, ch. 119, sec. 3, p. 278.]
ID Code § 28-42-306 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 3 - OTHER CHANGES AND MODIFICATIONS|Section 28-42-306 - RIGHT TO PREPAY.

28-42-306. RIGHT TO PREPAY. (1) Subject to the provisions on rebate upon prepayment, section 28-42-307, Idaho Code, and subject to the provisions of subsection (2) of this section, the debtor may prepay in full the unpaid balance of a regulated consumer credit transaction at any time without penalty. (2) With respect to a regulated consumer credit transaction which is primarily secured by a mortgage or deed of trust on real property, the parties may agree upon a prepayment charge to be paid by the debtor to the creditor if the debt is repaid in full and prior to its due date, during the first three (3) years of the contract, which prepayment charge shall not exceed the following: (a) For closed-end loans, the prepayment charge may not exceed an amount equal to six (6) months interest calculated on the average balance for the prior six (6) months at the rate of interest designated in the contract. If the prepayment occurs prior to the expiration of six (6) months from the date of the contract, the prepayment charge may be calculated in the same manner, except the number of months shall be the number of months the loan has existed; (b) For open-end loans, the amount of the prepayment charge shall not exceed an amount equal to six (6) months finance charge at the annual percentage rate in effect at the time of prepayment, calculated on the average of the average daily balances on the account for the last six (6) billing periods prior to prepayment. If the account has been open for less than six (6) billing periods, the prepayment charge shall be calculated in the same manner, except the number of billing periods shall be the number of billing periods the account has been open. (3) No prepayment charge may be charged or collected if the loan is refinanced or consolidated with the same lender. (4) Disclosure of any prepayment charge authorized by this section shall be made by the creditor to the debtor in such manner and form as may be approved by the director.  History: [28-42-306, added 1983, ch. 119, sec. 3, p. 278; am. 1996, ch. 244, sec. 1, p. 775.]
ID Code § 28-42-308 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 3 - OTHER CHANGES AND MODIFICATIONS|Section 28-42-308 - DISHONORED CHECK FEES.

28-42-308. DISHONORED CHECK FEES. With respect to a regulated credit transaction, a dishonored check fee in the amount allowed as a set collection fee under section 28-22-105, Idaho Code, may be charged and collected by a creditor, for the return by a depository institution of a dishonored check, negotiable order of withdrawal, or share draft, offered by a debtor in full or partial repayment of a regulated credit transaction, and, provided that the fee is contracted for between the parties.  History: [28-42-308, added 1994, ch. 185, sec. 4, p. 606; am. 1997, ch. 73, sec. 1, p. 154.]
ID Code § 28-42-401 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 4 - MONEY OF ACCOUNT AND INTEREST|Section 28-42-401 - MONEY OF ACCOUNT DEFINED.

28-42-401. MONEY OF ACCOUNT DEFINED. The money of account in this state is the dollar, cent and mill, and all public accounts and the proceedings of all courts in relation to money must be kept and expressed in money of the above denomination.  History: [28-42-401, added 1983, ch. 119, sec. 3, p. 281.]
ID Code § 28-42-402 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 4 - MONEY OF ACCOUNT AND INTEREST|Section 28-42-402 - MONEY OF OTHER DENOMINATIONS.

28-42-402. MONEY OF OTHER DENOMINATIONS. The above provisions do not in any manner affect any demand expressed in money of another denomination, but such demand in any suit or proceeding affecting the same must be reduced to the above denominations.  History: [28-42-402, added 1983, ch. 119, sec. 3, p. 281.]
ID Code § 28-42-403 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 4 - MONEY OF ACCOUNT AND INTEREST|Section 28-42-403 - COMPUTATION OF JUDGMENTS.

28-42-403. COMPUTATION OF JUDGMENTS. In all judgments rendered by any court for any debt, damages or costs, and in all executions issued thereon, the amount must be computed, as near as may be, in dollars and cents, rejecting small fractions; and no judgment or other proceeding is erroneous for such omission.  History: [28-42-403, added 1983, ch. 119, sec. 3, p. 281.]
ID Code § 28-42-404 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 4 - MONEY OF ACCOUNT AND INTEREST|Section 28-42-404 - COMPOUND INTEREST.

28-42-404. COMPOUND INTEREST. Parties may agree in writing for the payment of compound interest.  History: [28-42-404, added 1983, ch. 119, sec. 3, p. 281.]
ID Code § 28-43-101 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 1 - GENERAL PROVISIONS|Section 28-43-101 - SHORT TITLE.

28-43-101. SHORT TITLE. This chapter shall be known and may be cited as the Idaho Credit Code — Regulation of Agreements and Practices.  History: [28-43-101, added 1983, ch. 119, sec. 3, p. 281.]
ID Code § 28-43-201 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 2 - DISCLOSURE|Section 28-43-201 - COMPLIANCE WITH FEDERAL CONSUMER CREDIT PROTECTION ACT.

28-43-201. COMPLIANCE WITH FEDERAL CONSUMER CREDIT PROTECTION ACT. A person upon whom the Federal Consumer Credit Protection Act, including regulations promulgated pursuant thereto, imposes duties or obligations, shall make or give to the debtor the disclosures, information, and notices required of him by that act and in all respects comply with that act. This section imposes the duty on a creditor to comply with the terms of the Federal Consumer Credit Protection Act only with respect to those credit transactions to which the Federal Consumer Credit Protection Act by its terms applies.  History: [28-43-201, added 1983, ch. 119, sec. 3, p. 282.]
ID Code § 28-43-202 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 2 - DISCLOSURE|Section 28-43-202 - NOTICE OF ASSIGNMENT.

28-43-202. NOTICE OF ASSIGNMENT. A debtor may pay the original creditor until he receives notification of assignment of rights to payment pursuant to a regulated consumer credit transaction and that payment is to be made to the assignee. A notification which does not reasonably identify the rights assigned is ineffective. If requested by the debtor, the assignee shall seasonably furnish reasonable proof that the assignment has been made and unless he does so, the debtor may pay the original creditor.  History: [28-43-202, added 1983, ch. 119, sec. 3, p. 282.]
ID Code § 28-43-203 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 2 - DISCLOSURE|Section 28-43-203 - CHANGE IN TERMS OF OPEN-END CONSUMER CREDIT ACCOUNTS.

28-43-203. CHANGE IN TERMS OF OPEN-END CONSUMER CREDIT ACCOUNTS. Whether or not a change is authorized by prior agreement, a creditor may change the terms of an open-end consumer credit account applying to any balance incurred before or after the effective date of the change.  History: [28-43-203, added 1983, ch. 119, sec. 3, p. 282.]
ID Code § 28-43-204 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 2 - DISCLOSURE|Section 28-43-204 - RECEIPTS — STATEMENTS OF ACCOUNT — EVIDENCE OF PAYMENT.

28-43-204. RECEIPTS — STATEMENTS OF ACCOUNT — EVIDENCE OF PAYMENT. (1) The creditor shall deliver or mail to the debtor, without request, a written receipt for each payment by coin or currency on an obligation pursuant to a regulated consumer credit transaction. A periodic statement showing a payment received by mail complies with this subsection. (2) Upon written request of a debtor, the person to whom an obligation is owed pursuant to a regulated consumer credit transaction, except one pursuant to open-end consumer credit, shall provide a written statement of the dates and amounts of payments made within the twelve (12) months preceding the month in which the request is received and the total amount unpaid as of the end of the period covered by the statement. The statement shall be provided without charge once during each year of the term of the obligation. If additional statements are requested, the creditor may make a reasonable charge not in excess of ten dollars ($10.00) for each additional statement. (3) After a debtor has fulfilled all obligations with respect to a regulated consumer credit transaction, except one pursuant to open-end consumer credit, the person to whom the obligation was owed, upon request of the debtor, shall deliver or mail to the debtor written evidence acknowledging payment in full of all obligations with respect to the transaction.  History: [28-43-204, added 1983, ch. 119, sec. 3, p. 282.]
ID Code § 28-43-205 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 2 - DISCLOSURE|Section 28-43-205 - FORM OF INSURANCE PREMIUM LOAN AGREEMENT.

28-43-205. FORM OF INSURANCE PREMIUM LOAN AGREEMENT. An agreement pursuant to which an insurance premium loan is made shall contain the names of the insurance agent or broker negotiating each policy or contract and of the insurer issuing each policy or contract, the number and inception date of, and premium for, each policy or contract, the date on which the term of the loan begins, and a clear and conspicuous notice that each policy or contract may be cancelled if payment is not made in accordance with the agreement. If a policy or contract has not been issued by the time the agreement is signed, the agreement may provide that the insurance agent or broker may insert the appropriate information in the agreement and, if he does so, shall furnish the information promptly in writing to the insured.  History: [28-43-205, added 1983, ch. 119, sec. 3, p. 283.]
ID Code § 28-43-301 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 3 - LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS|Section 28-43-301 - SECURITY IN SALES.

28-43-301. SECURITY IN SALES. (1) With respect to a regulated consumer credit sale, a seller may take a security interest in the property sold. In addition, a seller may take a security interest in goods upon which services are performed or in which goods sold are installed or to which they are annexed, or in land to which the goods are affixed or which is maintained, repaired or improved as a result of the sale of the goods or services, if in the case of a security interest in land the debt secured is one thousand dollars ($1,000) or more, or, in the case of a security interest in goods, the debt secured is one hundred dollars ($100) or more. Except as provided with respect to cross-collateral, section 28-43-302, Idaho Code, a seller may not otherwise take a security interest in property to secure the debt arising from a regulated consumer credit sale. (2) A security interest taken in violation of this section is void.  History: [28-43-301, added 1983, ch. 119, sec. 3, p. 283.]
ID Code § 28-43-302 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 3 - LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS|Section 28-43-302 - CROSS-COLLATERAL.

28-43-302. CROSS-COLLATERAL. (1) In addition to contracting for a security interest pursuant to the provisions on security in sales, section 28-43-301, Idaho Code, a seller in a regulated consumer credit sale may secure the debt arising from the sale by contracting for a security interest in other property if, as a result of a prior sale, the seller has an existing security interest in the other property. The seller may also contract for a security interest in the property sold in the subsequent sale as security for the previous debt. (2) If the seller contracts for a security interest in other property pursuant to this section, the finance charge thereafter on the aggregate unpaid balances so secured may not exceed that permitted if the balances so secured were consolidated pursuant to the provisions on finance charge on consolidation, subsection (2) of section 28-42-304, Idaho Code. The seller has a reasonable time after so contracting in which to make any adjustments required by this section.  History: [28-43-302, added 1983, ch. 119, sec. 3, p. 283.]
ID Code § 28-43-303 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 3 - LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS|Section 28-43-303 - DEBT SECURED BY CROSS-COLLATERAL.

28-43-303. DEBT SECURED BY CROSS-COLLATERAL. (1) If debts arising from two (2) or more regulated consumer credit sales, except sales pursuant to open-end credit, are secured by cross-collateral, section 28-43-302, Idaho Code, or consolidated into one (1) debt payable on a single schedule of payments, and the debt is secured by security interests taken with respect to one or more of the sales, payments received by the seller after the taking of the cross-collateral or the consolidation are deemed, for the purpose of determining the amount of the debt secured by the various security interests, to have been first applied to the payment of the debts arising from the sales first made. To the extent debts are paid according to this section, security interests in items of property terminate as the debt originally incurred with respect to each item is paid. (2) Payments received by the seller upon an open-end consumer credit account are deemed, for the purpose of determining the amount of the debt secured by the various security interests, to have been applied first to the payment of finance charges in the order of their entry to the account and then to the payment of debts in the order in which the entries to the account showing the debts were made. (3) If the debts consolidated arose from two (2) or more sales made on the same day, payments received by the seller are deemed, for the purpose of determining the amount of the debt secured by the various security interests, to have been first applied to the payment of the smallest debt.  History: [28-43-303, added 1983, ch. 119, sec. 3, p. 283.]
ID Code § 28-43-304 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 3 - LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS|Section 28-43-304 - NO ASSIGNMENT OF EARNINGS.

28-43-304. NO ASSIGNMENT OF EARNINGS. (1) A creditor may not take an assignment of earnings of the debtor for payment or as security for payment of a debt arising out of a regulated consumer credit transaction. An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable by the debtor. This section does not prohibit a debtor from authorizing deductions from his earnings in favor of his creditor if the authorization is revocable, the debtor is given a complete copy of the writing evidencing the authorization at the time he signs it, and the writing contains on its face a conspicuous notice of the debtor’s right to revoke the authorization. (2) A sale of unpaid earnings made in consideration of the payment of money to or for the account of the seller of the earnings is deemed to be a loan to him secured by an assignment of earnings.  History: [28-43-304, added 1983, ch. 119, sec. 3, p. 284.]
ID Code § 28-43-305 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 3 - LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS|Section 28-43-305 - AUTHORIZATION TO CONFESS JUDGMENT PROHIBITED.

28-43-305. AUTHORIZATION TO CONFESS JUDGMENT PROHIBITED. A debtor may not authorize any person to confess judgment on a claim arising out of a regulated consumer credit transaction. An authorization in violation of this section is void.  History: [28-43-305, added 1983, ch. 119, sec. 3, p. 284.]
ID Code § 28-43-306 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 3 - LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS|Section 28-43-306 - CERTAIN NEGOTIABLE INSTRUMENTS PROHIBITED.

28-43-306. CERTAIN NEGOTIABLE INSTRUMENTS PROHIBITED. With respect to a regulated consumer credit sale, the creditor may not take a negotiable instrument other than a check dated not later than ten (10) days after its issuance as evidence of the obligation of the debtor.  History: [28-43-306, added 1983, ch. 119, sec. 3, p. 284.]
ID Code § 28-43-307 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 43 - REGULATION OF AGREEMENTS AND PRACTICES|Part 3 - LIMITATIONS ON AGREEMENTS AND PRACTICES IN REGULATED CONSUMER CREDIT TRANSACTIONS|Section 28-43-307 - BALLOON PAYMENTS.

28-43-307. BALLOON PAYMENTS. (1) Except as provided in subsection (2) of this section, if any scheduled payment of a regulated consumer credit transaction is more than twice as large as the average of earlier scheduled payments, the debtor has the right to refinance, without penalty, the amount of that payment at the time it is due. The terms of the refinancing shall be no less favorable to the debtor than the terms of the original transaction. (2) This section does not apply to: (a) A transaction pursuant to open-end credit; (b) A transaction to the extent that the payment schedule is adjusted to the seasonal or irregular income or scheduled payments or obligations of the debtor; (c) A transaction of a class defined by rule of the administrator as not requiring for the protection of the debtor his right to refinance as provided in this section; or (d) A transaction secured by a second deed of trust or mortgage on a one (1) to four (4) family dwelling occupied by the debtor.  History: [28-43-307, added 1983, ch. 119, sec. 3, p. 284.]