Idaho Admin. Code r. 16.03.05.208

Current through September 2, 2024
Section 16.03.05.208 - SHARED OWNERSHIP RULE

Except for checking and savings accounts and time deposits, each owner of shared property owns only their fractional interest in the property. The total value of the property is divided among the owners, in direct proportion to each owner's share.

Idaho Admin. Code r. 16.03.05.208

Effective July 1, 2024