Indiana Statutes
§ 24-5-13-12 — Replacement of vehicle
(a)If a vehicle is replaced by a manufacturer
under this chapter, the manufacturer shall reimburse the buyer for any
fees for the transfer of registration or any sales tax incurred by the
buyer as a result of replacement.
(b)If a replaced vehicle was financed by the manufacturer, its
subsidiary, or agent, the manufacturer, subsidiary, or agent may not
require the buyer to enter into any refinancing agreement concerning
a replacement vehicle that would create any financial obligations upon
the buyer less favorable than those of the original financing agreement.
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Legislative History
As added by P.L.150-1988, SEC.1.
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