2005 Idaho Code - 39-7209 — LENDER LIABILITY

                                  TITLE  39
                              HEALTH AND SAFETY
                                  CHAPTER 72
                          IDAHO LAND REMEDIATION ACT
    39-7209.  LENDER LIABILITY. Pursuant to rules adopted by the board, a
person who maintains indicia of ownership primarily to protect a security
interest in a site, and who does not participate in the management of the
site, shall not be considered an owner or operator of that site, nor liable
under any pollution control or other environmental protection law, rule or
regulation, or otherwise responsible for any environmental contamination or
response activity costs consistent with United States environmental protection
agency policy, 60 Federal Register 63517, dated December 11, 1995, as amended.
This section shall apply to all indicia of ownership existing at the time of
passage of this chapter and those arising thereafter.