There is a newer version of the Idaho Code and Statutes
2011 Idaho Code
TITLE 41 INSURANCE
CHAPTER 6 ASSETS AND LIABILITIES
41-616 VALUATION OF PURCHASE MONEY MORTGAGES.
ID Code § 41-616 (2011 through Reg Sess) What's This?
TITLE 41
INSURANCE
CHAPTER 6
ASSETS AND LIABILITIES
41-616. Valuation of purchase money mortgages. Purchase money mortgages on real property referred to in subsection (1) of section 41-615 of this chapter shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or ninety per cent (90%) of the fair value of such real property, whichever is less.
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