(1) A suit to enforce a lien described in section 45-1102, Idaho Code, must be brought within twelve (12) months after the lien is recorded.
(2)  The practice and procedure to enforce a lien shall be governed by the law applicable to the foreclosure of mechanics’ and materialmen’s liens provided however, that notice requirements shall also extend to secured parties or lienholders of record with the federal aviation administration.
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Terms Used In Idaho Code 45-1106

  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
(3)  Any judgment entered by the court shall be deemed to be a "conveyance" within the meaning of subsection (a)(19) of 49 U.S.C. § 40102, and shall be recordable at the FAA aircraft registry pursuant to 14 C.F.R. § 49.17.