Mortgage is a contract excepting a trust deed or transfer in trust by which specific property is hypothecated for the performance of an act without the necessity of a change of possession.
Idaho Code § 45-901
Mortgage defined
Applied in 2 court decisions — leading case Bagley v. Thomason (2010)
Most recently applied in Bagley v. Thomason (October 2010)
R.S., § 3350; reen
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.