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State Statutes - Idaho - Title 49 - Chapter 5 - 49-512A
Idaho Statutes
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49-512A - EFFECT OF A TERMINAL RENTAL ADJUSTMENT CLAUSE
Notwithstanding
any provision of law to the contrary, a transaction involving a motor vehicle
or trailer does not create a sale or security interest merely because the
transaction provides that the rental price is permitted or required to be
adjusted under the agreement either upward or downward by reference to the
amount realized upon the sale or other disposition of the motor vehicle or
trailer.
 
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