Idaho Code § 15-3-909
This is the official text of Idaho Code § 15-3-909, part of Idaho’s Code — part of the compiled statutory law of Idaho, published by the state as "Code." Browse the sections below, each linked to its official government source.
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15-3-909 IMPROPER DISTRIBUTION — LIABILITY OF DISTRIBUTEE.
Official statutory text
PART 9.
SPECIAL PROVISIONS RELATING TO DISTRIBUTION
15-3-909. Improper distribution — Liability of distributee. Unless the distribution or payment no longer can be questioned because of adjudication, estoppel, or limitation, a distributee of property improperly distributed or paid, or a claimant who was improperly paid, is liable to return the property improperly received and its income since distribution if he has the property. If he does not have the property, then he is liable to return the value as of the date of disposition of the property improperly received and its income and gain received by him.
History:
[I.C., sec. 15-3-909, as added by 1971, ch. 111, sec. 1, p. 233.]
SPECIAL PROVISIONS RELATING TO DISTRIBUTION
15-3-909. Improper distribution — Liability of distributee. Unless the distribution or payment no longer can be questioned because of adjudication, estoppel, or limitation, a distributee of property improperly distributed or paid, or a claimant who was improperly paid, is liable to return the property improperly received and its income since distribution if he has the property. If he does not have the property, then he is liable to return the value as of the date of disposition of the property improperly received and its income and gain received by him.
History:
[I.C., sec. 15-3-909, as added by 1971, ch. 111, sec. 1, p. 233.]
Status: in_force · Read it on the official government site
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