Idaho State Statutes - Idaho Attorney Directory

(1) After
default by the lessee under the lease contract of the type described in
section 28-12-523(1) or section 28-12-523(3)(a) or, if agreed, after other
default by the lessee, the lessor may:
(a) Identify to the lease contract conforming goods not already
identified if at the time the lessor learned of the default they were in
the lessor's or the supplier's possession or control; and
(b) Dispose of goods (section 28-12-527(1)) that demonstrably have been
intended for the particular lease contract even though those goods are
unfinished.
(2) If the goods are unfinished, in the exercise of reasonable commercial
judgment for the purposes of avoiding loss and of effective realization, an
aggrieved lessor or the supplier may either complete manufacture and wholly
identify the goods to the lease contract or cease manufacture and lease, sell
or otherwise dispose of the goods for scrap or salvage value or proceed in any
other reasonable manner.

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