Idaho § 49-512A - Effect of a terminal rental adjustment clause
Full text of Idaho Idaho Statutes § 49-512A — Effect of a terminal rental adjustment clause, with citation guidance and answers to common questions.
§ 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.
[49-512A, added 2004, ch. 247, sec. 1, p. 713.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 49-512A
What does Idaho Statutes § 49-512A cover?
Section 49-512A ("Effect of a terminal rental adjustment clause") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 49-512A?
A common citation format is "Idaho Statutes § 49-512A" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 49-512A apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.