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Idaho Code · § 49-1609A — Satisfaction of liens prior to resale of vehicle

49-1609A. Satisfaction of liens prior to resale of vehicle

(1) When a motor vehicle dealer licensed pursuant to this chapter takes possession of a vehicle for purposes of resale, the dealer shall have ten (10) business days from the date of possession to satisfy in full any and all lienholders who are perfected at the time of taking possession, unless the owner relinquishing possession of the vehicle agrees in writing to directly pay the perfected lienholder.

(2) No such vehicle shall be resold or transferred to any retail purchaser until all perfected liens have been satisfied in full.

(3) It shall be a misdemeanor punishable as provided in section 49-236, Idaho Code, for any person or licensee to violate the provisions of this section.

Source notes
History and annotations

49-1609A, added 2001, ch. 190, sec. 1, p. 653.

Official source for this version

Source captured 2026-09-25. Open the official source.

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