Idaho Charge Account Terms and Conditions refer to the specific guidelines and agreements associated with opening and maintaining a charge account in the state of Idaho. These terms and conditions outline the rights and responsibilities of both the account holder and the issuing financial institution or retailer. They serve as a legally binding agreement that governs the use of the charge account and provides clarity on various aspects such as payment terms, interest rates, fees, and account management. Idaho Charge Account Terms and Conditions typically cover essential details like billing cycles, minimum payments, grace periods, and the consequences of late or missed payments. They also define the granted credit limit, which is the maximum amount a customer can charge on their account. By adhering to these terms, account holders can utilize the available credit while building a positive credit history. In Idaho, there might be different types of charge account terms and conditions, depending on the financial institution or retailer offering the account. Some common types include: 1. Retailer-Specific Charge Account Terms and Conditions: These are terms and conditions set by specific retailers or their affiliated financial institutions for the charge accounts offered exclusively by them. These terms may be tailored to the specific retailer's business model, customer base, and offerings. 2. Financial Institution Charge Account Terms and Conditions: These terms and conditions are provided by traditional banks, credit unions, or other financial institutions that offer charge accounts as part of their services. They generally have broader applicability and may apply to various types of retailers or service providers. 3. Secured Charge Account Terms and Conditions: Some charge accounts require collateral, such as a deposit or an asset, to secure the account. The terms and conditions for secured charge accounts outline the process for securing and releasing the collateral and any associated fees or penalties. Regardless of the type of Idaho Charge Account Terms and Conditions, it is crucial for account holders to carefully review and understand all the clauses before agreeing to them. This helps prevent any misunderstandings, ensures compliance with payment obligations, and enables customers to capitalize on the benefits and rewards offered by their charge account. Account holders should always seek clarifications from the issuer if any part of the terms and conditions is unclear or ambiguous.
Idaho Charge Account Terms and Conditions
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67-9230. prohibitions. (1) No contract or any interest therein shall be transferred by the contractor to whom such contract is given to any other party without approval in writing by the administrator and by the board of examiners pursuant to section 67-1027, Idaho Code.
Idaho's prompt payment laws only regulate payments from the public entity to the prime contractor. Once the prime has submitted a proper payment request, the public entity must accept, certify, and pay within 60 calendar days of receipt. However, this deadline may be modified by the contract between the parties.
For written contracts, the statute of limitations is five years. (Refer to §5-216.) For oral contracts, the statute of limitations is four years. (Refer to §5-217.)
It is the purpose of this act to permit the state and public agencies to make the most efficient use of their powers by enabling them to cooperate to their mutual advantage and thereby provide services and facilities and perform functions in a manner that will best with geographic, economic, population, and ...
(1) It is the policy of this state that all bills owed by the state of Idaho or any taxing district within the state shall be paid promptly. No state agency or taxing district supported in whole or in part by tax revenues shall be exempt from the provisions of this section, except as provided in subsection (20).
67-2602. ADMINISTRATOR OF THE DIVISION OF OCCUPATIONAL AND PROFESSIONAL LICENSES. The division of occupational and professional licenses shall be headed by an administrator appointed by the governor and who shall serve at the pleasure of the governor.
67-2320. Professional service contracts with design professionals, construction managers, and professional land surveyors.
5-216. Action on written contract. Within five (5) years: An action upon any contract, obligation or liability founded upon an instrument in writing.
