Idaho State Statutes - Idaho Attorney Directory

PRIORITY OF SECURITY INTERESTS IN GOODS COVERED BY CERTIFICATE
OF TITLE. If, while a security interest in goods is perfected by any method
under the law of another jurisdiction, this state issues a certificate of
title that does not show that the goods are subject to the security interest
or contain a statement that they may be subject to security interests not
shown on the certificate:
(1) A buyer of the goods, other than a person in the business of selling
goods of that kind, takes free of the security interest if the buyer gives
value and receives delivery of the goods after issuance of the certificate and
without knowledge of the security interest; and
(2) The security interest is subordinate to a conflicting security
interest in the goods that attaches, and is perfected under section
28-9-311(b), after issuance of the certificate and without the conflicting
secured party's knowledge of the security interest.

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