Idaho Code 32-107 – Contracts of Insane Persons
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 32-107
- Contract: A legal written agreement that becomes binding when signed.
- person: includes a corporation as well as a natural person;
Idaho Code 73-114Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
A conveyance or other contract of a person of unsound mind, but not entirely without understanding, made before his incapacity has been judicially determined, is subject to rescission.