Idaho Code 45-311 – Duty to Release Upon Satisfaction
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(1) When a claimant’s lien has been satisfied, the claimant shall, within thirty (30) days after satisfaction, file with the secretary of state a notice of release of lien.
(2) The notice of release shall be signed by the claimant, his agent, or his attorney-in-fact.
Terms Used In Idaho Code 45-311
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
- Lien: A claim against real or personal property in satisfaction of a debt.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
(3) The notice of release shall be filed on a standard form prescribed by the secretary of state.