Idaho State Statutes - Idaho Attorney Directory

(a) Except as otherwise provided in
subsections (c), (d) and (e) of this section, a description of personal or
real property is sufficient, whether or not it is specific, if it reasonably
identifies what is described.
(b) Except as otherwise provided in subsection (d) of this section, a
description of collateral reasonably identifies the collateral if it
identifies the collateral by:
(1) Specific listing;
(2) Category;
(3) Except as otherwise provided in subsection (e) of this section, a
type of collateral defined in the uniform commercial code;
(4) Quantity;
(5) Computational or allocational formula or procedure; or
(6) Except as otherwise provided in subsection (c) of this section, any
other method, if the identity of the collateral is objectively
determinable.
(c) A description of collateral as "all the debtor's assets" or "all the
debtor's personal property" or using words of similar import does not
reasonably identify the collateral.
(d) Except as otherwise provided in subsection (e) of this section, a
description of a security entitlement, securities account or commodity account
is sufficient if it describes:
(1) The collateral by those terms or as investment property; or
(2) The underlying financial asset or commodity contract.
(e) A description only by type of collateral defined in the uniform
commercial code is an insufficient description of:
(1) A commercial tort claim; or
(2) In a consumer transaction, consumer goods, a security entitlement, a
securities account or a commodity account.

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