Idaho Code

Idaho Code § 55-915 (2026)

When transfer is made or obligation is incurred. 

✓ current as of May 2026
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When transfer is made or obligation is incurred. 

For the purposes of this act:

(1)  A transfer is made:
(a)  With respect to an asset that is real property other than a fixture, but including the interest of a seller or purchaser under a contract for the sale of the asset, when the transfer is so far perfected that a good-faith purchaser of the asset from the debtor against which applicable law permits the transfer to be perfected cannot acquire an interest in the asset that is superior to the interest of the transferee; and
(b)  With respect to an asset that is not real property or that is a fixture, when the transfer is so far perfected that a creditor on a simple contract cannot acquire a judicial lien otherwise than under this act that is superior to the interest of the transferee;
(2)  If applicable law permits the transfer to be perfected as provided in subsection (1) of this section and the transfer is not so perfected before the commencement of an action for relief under this act, the transfer is deemed made immediately before the commencement of the action;
(3)  If applicable law does not permit the transfer to be perfected as provided in subsection (1) of this section, the transfer is made when it becomes effective between the debtor and the transferee;
(4)  A transfer is not made until the debtor has acquired rights in the asset transferred; and
(5)  An obligation is incurred:
(a)  If oral, when it becomes effective between the parties; or
(b)  If evidenced by a record, when the record signed by the obligor is delivered to or for the benefit of the obligee.
Notes of Decisions
Cited in 2 cases, 1994–2000 · leading case: Wilder v. Miller, 17 P.3d 883 (Idaho Ct. App. 2000).
Wilder v. Miller, 17 P.3d 883 (Idaho Ct. App. 2000). · cites it 8× “Idaho Code § 55-915 (l)(a) provides that for the purposes of unlawful transfers: [а] transfer is made with respect to an asset that is real property .”
Dunham v. Dunham, 910 P.2d 169 (Idaho Ct. App. 1994). · cites it 8× “" I.C. § 55-915(1)(a). However, a transfer is not made until the debtor has acquired rights in the asset transferred.”
— Idaho Code § 55-915(1)(a) — 1 case
Dunham v. Dunham, 910 P.2d 169 (Idaho Ct. App. 1994). “" I.C. § 55-915(1)(a). However, a transfer is not made until the debtor has acquired rights in the asset transferred.”
— Idaho Code § 55-915(4) — 1 case
Dunham v. Dunham, 910 P.2d 169 (Idaho Ct. App. 1994). “" I.C. § 55-915(1)(a). However, a transfer is not made until the debtor has acquired rights in the asset transferred.”
— Idaho Code § 55-915(l)(a) — 2 cases
Wilder v. Miller, 17 P.3d 883 (Idaho Ct. App. 2000). “Idaho Code § 55-915 (l)(a) provides that for the purposes of unlawful transfers: [а] transfer is made with respect to an asset that is real property .”
Dunham v. Dunham, 910 P.2d 169 (Idaho Ct. App. 1994). “" I.C. § 55-915(1)(a). However, a transfer is not made until the debtor has acquired rights in the asset transferred.”
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