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ID H0611
Bill
Status
3/29/2012
Primary Sponsor
Ways and Means Committee
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AI Summary
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Amends Idaho Code Section 45-805 regarding liens for services on livestock to allow sale at a public auction after 60 days of nonpayment, with 10 days' public notice required.
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Requires notice of livestock auction sale to be sent to the owner or owners of the livestock and the state brand inspector, either by personal service or certified/registered mail.
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Changes livestock auction sale requirement from "licensed public livestock auction market" to "public livestock auction market" by removing the word "licensed."
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Requires verified notice containing specific information including time, place, date of auction, lienor and owner contact information, livestock identifying details (number, breed, current brand), and a statement that section requirements have been met.
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Directs sale proceeds to be applied first to any prior perfected security interest, then to the lien and costs, with any remainder paid to the owner.
Legislative Description
Amends existing law relating to livestock liens to revise provisions relating to the sale of certain livestock at public auction.
LIVESTOCK LIENS
Last Action
Law without signature Session Law Chapter 341 Effective: 07/01/12
3/29/2012