Idaho State Statutes - Idaho Attorney Directory

(1) With respect to a regulated consumer
credit sale, a seller may take a security interest in the property sold. In
addition, a seller may take a security interest in goods upon which services
are performed or in which goods sold are installed or to which they are
annexed, or in land to which the goods are affixed or which is maintained,
repaired or improved as a result of the sale of the goods or services, if in
the case of a security interest in land the debt secured is one thousand
dollars ($1,000) or more, or, in the case of a security interest in goods, the
debt secured is one hundred dollars ($100) or more. Except as provided with
respect to cross-collateral, section 28-43-302, Idaho Code, a seller may not
otherwise take a security interest in property to secure the debt arising from
a regulated consumer credit sale.
(2) A security interest taken in violation of this section is void.

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