Statutes > Idaho Statutes > TITLE 28 COMMERCIAL TRANSACTIONS > CHAPTER 36 IDAHO LEASE-PURCHASE AGREEMENT ACT > PART 1. POWERS AND FUNCTIONS OF ADMINISTRATORS > 28-36-101 SHORT TITLE AND PURPOSE.

28-36-101 SHORT TITLE AND PURPOSE.

TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 36

IDAHO LEASE-PURCHASE AGREEMENT ACT

PART 1.

POWERS AND FUNCTIONS OF ADMINISTRATORS

28-36-101. Short title and purpose. This act shall be known and may be cited as the "Idaho Lease-Purchase Agreement Act." The purpose of this act is to protect both consumers and businesses engaged in the lease-purchase of consumer goods against unfair or deceptive acts and practices, to provide certainty and regularity in the conduct of these transactions, and to provide efficient and economical procedures to secure such protection.