Idaho State Statutes - Idaho Attorney Directory

(1) A lease contract is not enforceable by
way of action or defense unless:
(a) The total payments to be made under the lease contract, excluding
payments for options to renew or buy, are less than one thousand dollars
($1,000); or
(b) There is a writing, signed by the party against whom enforcement is
sought or by that party's authorized agent, sufficient to indicate that a
lease contract has been made between the parties and to describe the goods
leased and the lease term.
(2) Any description of leased goods or of the lease term is sufficient
and satisfies the provisions of subsection (1)(b) of this section, whether or
not it is specific, if it reasonably identifies what is described.
(3) A writing is not insufficient because it omits or incorrectly states
a term agreed upon, but the lease contract is not enforceable under the
provisions of subsection (1)(b) of this section beyond the lease term and the
quantity of goods shown in the writing.
(4) A lease contract that does not satisfy the requirements of subsection
(1) of this section, but which is valid in other respects, is enforceable:
(a) If the goods are to be specially manufactured or obtained for the
lessee and are not suitable for lease or sale to others in the ordinary
course of the lessor's business, and the lessor, before notice of
repudiation is received and under circumstances that reasonably indicate
that the goods are for the lessee, has made either a substantial beginning
of their manufacture or commitments for their procurement;
(b) If the party against whom enforcement is sought admits in that
party's pleading, testimony or otherwise in court that a lease contract
was made, but the lease contract is not enforceable under this provision
beyond the quantity of goods admitted; or
(c) With respect to goods that have been received and accepted by the
lessee.
(5) The lease term under a lease contract referred to in subsection (4)
of this section is:
(a) If there is a writing signed by the party against whom enforcement is
sought or by that party's authorized agent specifying the lease term, the
term so specified;
(b) If the party against whom enforcement is sought admits in that
party's pleading, testimony, or otherwise in court a lease term, the term
so admitted; or
(c) A reasonable lease term.

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