Statutes > Idaho Statutes > TITLE 28 COMMERCIAL TRANSACTIONS > CHAPTER 45 REMEDIES AND PENALTIES > PART 3. LIMITATIONS ON DEBTORS' LIABILITIES > 28-45-301 LIMITATION ON DEFAULT CHARGES.

28-45-301 LIMITATION ON DEFAULT CHARGES.

TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 45

REMEDIES AND PENALTIES

PART 3.

LIMITATIONS ON DEBTORS’ LIABILITIES

28-45-301. Limitation on default charges. Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a regulated consumer credit transaction may not provide for any charges as a result of default by the debtor except those authorized by this act. A provision in violation of this section is unenforceable.