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2019 Idaho Code
Title 26 - BANKS AND BANKING
Chapter 37 - IDAHO CONTINUING-CARE DISCLOSURE ACT
Section 26-3708 - CROSS-COLLATERALIZATION PROHIBITED.
Universal Citation: ID Code § 26-3708 (2019)
26-3708. CROSS-COLLATERALIZATION PROHIBITED. No part of the entrance fee placed in escrow may be pledged by the provider as collateral for the purpose of securing loans for any purpose other than providing for the care of the resident.
History:
[26-3708, added 2005, ch. 265, sec. 15, p. 822.]
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