reglab/housing_qa huggingface dataset:
ID Code § 28-36-105 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 36 - IDAHO LEASE-PURCHASE AGREEMENT ACT|Part 1 - POWERS AND FUNCTIONS OF ADMINISTRATORS|Section 28-36-105 - DISCLOSURES.

28-36-105. DISCLOSURES. (1) For each lease-purchase agreement, the lessor shall disclose in the agreement the following items, as applicable: (a) The total number, total dollar amount and frequency of all payments necessary to acquire ownership of the property; (b) A statement that the consumer will not own the property until the consumer has made the total payments necessary to acquire ownership; (c) A statement that the consumer is responsible to the lessor for the fair market value of the property if, and as of the time, it is lost, stolen, damaged or destroyed; (d) A brief description of the leased property, sufficient to identify the property to the consumer and the lessor, including an identification number, if applicable, and a statement indicating whether the property is new or used, but a statement that indicates new property is used is not a violation of the provisions of this chapter; (e) The total amount initially payable or required at or before consummation of the agreement or delivery of the property, whichever is later; (f) A statement that the total of payments necessary to acquire ownership does not include other charges, such as late payment, default, pickup and reinstatement fees, which fees shall be separately disclosed in the agreement; (g) A statement clearly summarizing the terms of the consumer’s option to purchase, if any, including a statement regarding whether the consumer has the right to exercise an early purchase option and the price, formula or method for determining the price at which the property may be so purchased; (h) A statement identifying the party responsible for maintaining or servicing the property while it is being leased, together with a description of that responsibility, and a statement that if any part of a manufacturer’s express warranty covers the lease property at the time the consumer acquires ownership of the property, the warranty shall be transferred to the consumer, if allowed by the terms of the warranty; (i) The consummation date of the agreement and the identities of the lessor and consumer; (j) A statement that the consumer may terminate the agreement without penalty by voluntarily surrendering or returning the property in good repair upon the renewal date together with any past due rental payments; and (k) Notice of the right to reinstate an agreement as herein provided.  History: [28-36-105, added 1993, ch. 232, sec. 1, p. 808.]
ID Code § 28-36-106 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 36 - IDAHO LEASE-PURCHASE AGREEMENT ACT|Part 1 - POWERS AND FUNCTIONS OF ADMINISTRATORS|Section 28-36-106 - PROHIBITED PRACTICES.

28-36-106. PROHIBITED PRACTICES. A lease-purchase agreement may not contain: (1) A confession of judgment; (2) A negotiable instrument; (3) A claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease-purchase agreement; (4) A wage assignment; (5) A waiver by the consumer of claims or defenses; or (6) A provision authorizing the lessor or a person acting on the lessor’s behalf to enter upon the consumer’s premises without consent, or to commit any breach of the peace in the repossession of goods.  History: [28-36-106, added 1993, ch. 232, sec. 1, p. 809.]
ID Code § 28-36-107 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 36 - IDAHO LEASE-PURCHASE AGREEMENT ACT|Part 1 - POWERS AND FUNCTIONS OF ADMINISTRATORS|Section 28-36-107 - REINSTATEMENT.

28-36-107. REINSTATEMENT. (1) A consumer who fails to make a timely rental payment and who fails to voluntarily return or surrender the leased property on or before the renewal date, may reinstate the agreement without losing any rights or options which exist under the agreement, by the payment, within five (5) days after the renewal date, if the consumer pays monthly, or within two (2) days after the renewal date, if the consumer pays more frequently than monthly, of: (a) All past due rental charges; (b) If the property has been picked up, the pickup and delivery fees; and (c) Any applicable reinstatement fee and default fee as set forth in the lease-purchase agreement. (2) A consumer who voluntarily returned or surrendered the property on or before the renewal date, other than through judicial process, and is current in all payments due under the lease agreement on the renewal date, may reinstate the agreement without losing any rights or options which exist under the agreement: (a) During a period of not less than twenty-one (21) days after the date of the return of the property if at the time of surrender or voluntary return of the property the consumer had paid less than two-thirds (2/3) of the total of payments necessary to acquire ownership; or (b) During a period of not less than forty-five (45) days after the date of the return of the property if at the time of surrender or voluntary return of the property the consumer had paid two-thirds (2/3) or more of the total of payments necessary to acquire ownership. (3) Nothing in this section shall prevent a lessor from attempting to repossess property during the reinstatement period. (4) Upon reinstatement, the lessor shall provide the consumer with the same property or substitute property of comparable quality and condition.  History: [28-36-107, added 1993, ch. 232, sec. 1, p. 810.]
ID Code § 28-36-108 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 36 - IDAHO LEASE-PURCHASE AGREEMENT ACT|Part 1 - POWERS AND FUNCTIONS OF ADMINISTRATORS|Section 28-36-108 - RECEIPTS AND ACCOUNTS.

28-36-108. RECEIPTS AND ACCOUNTS. The lessor shall provide the consumer a written receipt for each payment made by cash or money order.  History: [28-36-108, added 1993, ch. 232, sec. 1, p. 810.]
ID Code § 28-36-109 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 36 - IDAHO LEASE-PURCHASE AGREEMENT ACT|Part 1 - POWERS AND FUNCTIONS OF ADMINISTRATORS|Section 28-36-109 - RENEGOTIATIONS.

28-36-109. RENEGOTIATIONS. A renegotiation shall occur when an existing lease-purchase agreement is replaced by a new agreement entered into by the same lessor and consumer. A renegotiation shall be considered a new agreement requiring new disclosures. However, the following events shall not be treated as renegotiations and shall not require new disclosures: (1) The additions or return of property in a multiple-item agreement or the substitution of the lease property, if in either case the average payment allocable to a payment period is not changed by more than twenty-five percent (25%); (2) A deferral or extension of one (1) or more periodic payments, or portions of a periodic payment; (3) A reduction in charges in the lease or agreement; or (4) A lease or agreement modified in a court proceeding.  History: [28-36-109, added 1993, ch. 232, sec. 1, p. 810.]
ID Code § 28-36-110 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 36 - IDAHO LEASE-PURCHASE AGREEMENT ACT|Part 1 - POWERS AND FUNCTIONS OF ADMINISTRATORS|Section 28-36-110 - ADVERTISING.

28-36-110. ADVERTISING. (1) If an advertisement for a lease-purchase agreement refers to or states the dollar amount of the rental payment and the right to acquire ownership for any one (1) specific item, then in respect to that item the advertisement shall also clearly and conspicuously state the following items, as applicable: (a) That the transaction advertised is a lease-purchase agreement; (b) The total of payments necessary to acquire ownership; and (c) That the consumer acquires no ownership rights if the total amount necessary to acquire ownership is not paid. (2) No owner or personnel of any medium in which an advertisement appears or through which it is disseminated shall be liable under this section. (3) The provisions of subsection (1) of this section shall not apply to an advertisement which does not refer to or state the dollar amount of any payment, or which is published in a telephone directory, or in any similar business directory.  History: [28-36-110, added 1993, ch. 232, sec. 1, p. 810.]
ID Code § 28-36-111 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 36 - IDAHO LEASE-PURCHASE AGREEMENT ACT|Part 1 - POWERS AND FUNCTIONS OF ADMINISTRATORS|Section 28-36-111 - ENFORCEMENT.

28-36-111. ENFORCEMENT. (1) A lessor whose violation of the provisions of this chapter causes damages to a consumer shall be subject to a judgment by a court of competent jurisdiction for actual damages, if the lessor can show by preponderance of the evidence that the damage was caused by a good faith dispute between the parties; or for actual damages or one thousand dollars ($1,000), whichever is greater, in the event the violation is not a result of a good faith dispute between the parties. (2) As a condition precedent to bringing any action for the collection of a penalty pursuant to this section, the consumer must give the lessor written notice of the violation or violations alleged twenty (20) days prior to filing such action. (3) No action under the provisions of this section may be brought in any court of competent jurisdiction more than one (1) year after the date of the consumer’s last payment under the lease-purchase agreement or more than one (1) year after the date of the occurrence of the violation that is the subject of the suit, whichever is later.  History: [28-36-111, added 1993, ch. 232, sec. 1, p. 811.]
ID Code § 28-41-101 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 1 - SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS|Section 28-41-101 - SHORT TITLE.

28-41-101. SHORT TITLE. This act shall be known and may be cited as the "Idaho Credit Code."  History: [28-41-101, added 1983, ch. 119, sec. 3, p. 265.]
ID Code § 28-41-102 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 1 - SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS|Section 28-41-102 - PURPOSES — RULES OF CONSTRUCTION.

28-41-102. PURPOSES — RULES OF CONSTRUCTION. (1) This act shall be liberally construed and applied to promote its underlying purposes and policies. (2) The underlying purposes and policies of this act are: (a) To simplify, clarify and modernize the law governing installment sales, credit, loans and usury; (b) To further understanding of the terms of credit transactions and to foster competition among suppliers of credit so that debtors may obtain credit at reasonable cost; (c) To protect debtors against unfair practices by some suppliers of credit, having due regard for the interests of legitimate and scrupulous creditors; (d) To permit and encourage the development of fair and economically sound credit practices; and (e) To conform the regulation of those credit transactions to the policies of the Federal Consumer Credit Protection Act, where applicable. (3) A reference to a requirement imposed by this act includes reference to a related rule of the administrator adopted pursuant to this act.  History: [28-41-102, added 1983, ch. 119, sec. 3, p. 265.]
ID Code § 28-41-103 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 1 - SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS|Section 28-41-103 - SUPPLEMENTARY GENERAL PRINCIPLES OF LAW APPLICABLE.

28-41-103. SUPPLEMENTARY GENERAL PRINCIPLES OF LAW APPLICABLE. Unless displaced by the particular provisions of this act, the Uniform Commercial Code and the principles of law and equity, including the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy, or other validating or invalidating cause supplement the provisions of this act.  History: [28-41-103, added 1983, ch. 119, sec. 3, p. 265.]
ID Code § 28-41-104 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 1 - SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS|Section 28-41-104 - CONSTRUCTION AGAINST IMPLICIT REPEAL.

28-41-104. CONSTRUCTION AGAINST IMPLICIT REPEAL. This act being a general act intended as a unified coverage of its subject matter, no part of it shall be deemed to be impliedly repealed by subsequent legislation if such construction can reasonably be avoided.  History: [28-41-104, added 1983, ch. 119, sec. 3, p. 265.]
ID Code § 28-41-105 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 1 - SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS|Section 28-41-105 - SEVERABILITY.

28-41-105. SEVERABILITY. If any provision of this act or the application thereof to any person or circumstances is held invalid, the invalidity does not affect other provisions or applications of this act which can be given effect without the invalid provision or application, and to this end the provisions of this act are severable.  History: [28-41-105, added 1983, ch. 119, sec. 3, p. 265.]
ID Code § 28-41-106 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 1 - SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS|Section 28-41-106 - WAIVER — AGREEMENT TO FORGO RIGHTS — SETTLEMENT OF CLAIMS.

28-41-106. WAIVER — AGREEMENT TO FORGO RIGHTS — SETTLEMENT OF CLAIMS. (1) Except as otherwise provided in this act, a debtor may not waive or agree to forgo rights or benefits under this act. (2) A claim by a debtor against a creditor for an excess charge, other violation of this act, or civil penalty, or a claim against a debtor for default or breach of a duty imposed by this act, if disputed in good faith, may be settled by agreement. (3) A claim, whether or not disputed, against a debtor may be settled for less value than the amount claimed. (4) A settlement in which the debtor waives or agrees to forgo rights or benefits under this act is invalid if the court, as a matter of law, finds the settlement to have been unconscionable at the time it was made. The competence of the debtor, any deception or coercion practiced upon him, the nature and extent of the legal advice received by him, and the value of the consideration are relevant to the issue of unconscionability. (5) Title 41, Idaho Code, shall not apply to an agreement by a creditor or lessor, with or without consideration, to forgive or waive all or any part of a debt or lease obligation following a partial or total loss of the property that is the subject of a loan, credit sale or lease transaction and the forgiveness shall not be considered the transaction of insurance for the purposes of the Idaho credit code.  History: [28-41-106, added 1983, ch. 119, sec. 3, p. 265; am. 2000, ch. 175, sec. 1, p. 443; am. 2015, ch. 244, sec. 15, p. 1016.]
ID Code § 28-41-107 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 1 - SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS|Section 28-41-107 - EFFECT OF ACT ON POWERS OF ORGANIZATIONS.

28-41-107. EFFECT OF ACT ON POWERS OF ORGANIZATIONS. (1) This act prescribes maximum charges for all creditors, except those excluded under section 28-41-202, Idaho Code, extending credit as a regular business, including regulated credit sales, as defined in section 28-41-301, Idaho Code, and regulated loans, as defined in section 28-41-301, Idaho Code, and displaces existing limitations on the powers of those creditors based on maximum charges, except in insurance matters as prescribed by rule of the department of insurance. (2) With respect to sellers of goods or services, small loan companies, licensed lenders, finance companies, sales finance companies, industrial banks and loan companies, and commercial banks, this act displaces existing limitations on their powers based solely on amount or duration of credit, except the insurance matters as prescribed by rule of the department of insurance. (3) Except as provided in subsection (1) of this section, this act does not displace limitations on powers of credit unions, savings banks, savings and loan associations, or other thrift institutions whether organized for the profit of shareholders or as mutual organizations. (4) Except as provided in subsections (1) and (2) of this section, this act does not displace: (a) Limitations on powers of supervised financial organizations, as defined in section 28-41-301, Idaho Code, with respect to the amount of a loan to a single borrower, the ratio of the loan to the value of collateral, the duration of a loan secured by an interest in land, or other similar restrictions designed to protect deposits; or (b) Limitations on powers an organization is authorized to exercise under the laws of this state or the United States. (5) Notwithstanding the provisions of chapter 1, title 57, Idaho Code, and chapter 27, title 67, Idaho Code, any supervised financial organization which intentionally fails to comply with the provisions of this act shall not be entitled to receive deposits from state or public depositing units.  History: [28-41-107, added 1983, ch. 119, sec. 3, p. 266; am. 2013, ch. 54, sec. 9, p. 119.]
ID Code § 28-41-108 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 1 - SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS|Section 28-41-108 - TRANSACTIONS SUBJECT TO ACT BY AGREEMENT.

28-41-108. TRANSACTIONS SUBJECT TO ACT BY AGREEMENT. Parties to a credit transaction or modification thereof that is not a regulated consumer credit transaction, as defined in section 28-41-301, Idaho Code, may agree in a writing signed by them that the transaction is subject to the provisions of this act applying to regulated consumer credit transactions. If the parties so agree, the transaction is a regulated consumer credit transaction for the purposes of this act.  History: [28-41-108, added 1983, ch. 119, sec. 3, p. 266; am. 2013, ch. 54, sec. 10, p. 120.]
ID Code § 28-41-202 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 2 - SCOPE AND JURISDICTION|Section 28-41-202 - EXCLUSIONS.

28-41-202. EXCLUSIONS. This act does not apply to: (1) Extensions of credit to government or governmental agencies or instrumentalities; (2) The sale of insurance by an insurer, except as otherwise provided in the chapter on insurance, chapter 44, title 28, Idaho Code; (3) Transactions under public utility or common carrier tariffs if a subdivision or agency of this state or of the United States regulates the charges for the service involved, the charges for delayed payment, and any discount allowed for early payment; or (4) The rates and charges and the disclosure of rates and charges of a licensed pawnbroker established in accordance with a statute or ordinance concerning these matters.  History: [28-41-202, added 1983, ch. 119, sec. 3, p. 268.]
ID Code § 28-41-203 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 2 - SCOPE AND JURISDICTION|Section 28-41-203 - JURISDICTION.

28-41-203. JURISDICTION. The courts of this state may exercise jurisdiction over any creditor with respect to any conduct of the creditor subject to this act or with respect to any claim arising from a transaction subject to this act.  History: [28-41-203, added 1983, ch. 119, sec. 3, p. 268.]
ID Code § 28-41-204 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 2 - SCOPE AND JURISDICTION|Section 28-41-204 - APPLICABILITY.

28-41-204. APPLICABILITY. This act shall apply only to credit transactions for a consumer purpose, except for the following parts, chapters and sections, which shall apply to credit transactions for any and all purposes: (1) Part 1, chapter 41, title 28, Idaho Code; (2) Section 28-41-202, Idaho Code; (3) Section 28-41-203, Idaho Code; (4) Section 28-41-204, Idaho Code; (5) Part 3, chapter 41, title 28, Idaho Code; (6) Part 2, chapter 42, title 28, Idaho Code; (7) Section 28-42-308, Idaho Code; (8) Part 4, chapter 42, title 28, Idaho Code; (9) Section 28-45-109, Idaho Code; and (10) Chapter 49, title 28, Idaho Code. No provisions of this act other than those specified in subsections (1) through (10) of this section shall limit, expand or otherwise affect the powers, rights, duties or obligations of creditors or debtors in credit transactions for a business purpose.  History: [28-41-204, added 1983, ch. 119, sec. 3, p. 268; am. 1994, ch. 185, sec. 5, p. 606.]
ID Code § 28-41-302 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 41 - GENERAL PROVISIONS AND DEFINITIONS|Part 3 - DEFINITIONS|Section 28-41-302 - FEDERAL CONSUMER CREDIT PROTECTION ACT — DEFINED.

28-41-302. FEDERAL CONSUMER CREDIT PROTECTION ACT — DEFINED. In this act "Federal Consumer Credit Protection Act" means the consumer credit protection act, Public Law 90-321; 82 Stat. 146, as amended, to and including January 1, 2005, or a subsequent date if so defined by administrative rule, and includes regulations issued pursuant to that act, as amended to and including January 1, 2005, or a subsequent date if so defined by administrative rule.  History: [28-41-302, added 1983, ch. 119, sec. 3, p. 275; am. 2002, ch. 301, sec. 2, p. 860; am. 2003, ch. 74, sec. 1, p. 246; am. 2004, ch. 98, sec. 1, p. 355; am. 2005, ch. 263, sec. 1, p. 808.]
ID Code § 28-42-101 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 1 - GENERAL PROVISIONS|Section 28-42-101 - SHORT TITLE.

28-42-101. SHORT TITLE. This chapter shall be known and may be cited as the Idaho Credit Code — Finance Charges and Related Provisions.  History: [28-42-101, added 1983, ch. 119, sec. 3, p. 275.]
ID Code § 28-42-201 (2021)
2021 Idaho Code|Title 28 - COMMERCIAL TRANSACTIONS|Chapter 42 - FINANCE CHARGES AND RELATED PROVISIONS|Part 2 - MAXIMUM FINANCE CHARGES|Section 28-42-201 - MAXIMUM FINANCE CHARGE.

28-42-201. MAXIMUM FINANCE CHARGE. (1) With respect to a loan or credit sale, the rate of finance charge shall be that which is agreed upon between the parties to the transaction. In addition to the finance charge permitted herein, a creditor may contract for and receive any other charge, except to the extent expressly prohibited or limited by this act. (2) This section does not limit or restrict the manner of calculating the finance charge, whether by way of add-on, discount, single annual percentage rate, or otherwise. If the credit transaction is precomputed: (a) The finance charge may be calculated on the assumption that all scheduled payments will be made when due; and (b) The effect of prepayment is governed by the provisions on rebate upon prepayment, section 28-42-307, Idaho Code. (3) Except as provided in subsection (4) of this section, the term of a credit transaction for purposes of this section commences on the day the credit transaction is made. The administrator may adopt rules with respect to treating as regular minor irregularities in amount or time. (4) With respect to an insurance premium loan, the term of the loan commences on the earliest inception date of a policy or contract of insurance, payment of the premium on which is financed by the loan.  History: [28-42-201, added 1983, ch. 119, sec. 3, p. 275; am. 1991, ch. 278, sec. 1, p. 720; am. 1993, ch. 227, sec. 1, p. 798.]