In the event that any manufacturer, wholesaler or distributor of farm implements, equipment, machinery, attachments and repair parts fails to give notice or obtain consent pursuant to section 28-23-108 , Idaho Code, or fails or refuses to comply with section 28-23-109 , Idaho Code, the guaranty or security agreement thereby affected will be deemed cancelled and terminated.

[28-23-110, added 1975, ch. 97, sec. 10, p. 197; am. 2011, ch. 270, sec. 9, p. 734.]