Indiana § 24-5-16-13 Transfer or assignment of right or interest in vehicle under lease
contract

Indiana Statutes

§ 24-5-16-13 — Transfer or assignment of right or interest in vehicle under lease contract

Indiana·Art. 5 CONSUMER SALES·Ch. 16 Unlawful Motor Vehicle Subleasing

(a)The actual or purported transfer or assignment, or the assisting, causing, or arranging of an actual or purported transfer or assignment, of a right or an interest in a vehicle under a lease contract, installment sales agreement, or security agreement by a person who is a party to the lease contract, installment sales agreement, or security agreement is not an act of unlawful subleasing of a motor vehicle and is not subject to prosecution.

(b)This section does not affect the enforceability of any provision of a lease contract, an installment sales agreement, a security agreement, or a direct loan agreement by a party to the agreement.

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(a) The actual or purported transfer or
assignment, or the assisting, causing, or arranging of an actual or
purported transfer or assignment, of a right or an interest in a vehicle
under a lease contract, installment sales agreement, or security
agreement by a person who is a party to the lease contract, installment
sales agreement, or security agreement is not an act of unlawful
subleasing of a motor vehicle and is not subject to prosecution.
(b) This section does not affect the enforceability of any provision
of a lease contract, an installment sales agreement, a security
agreement, or a direct loan agreement by a party to the agreement.

Indiana § 24-5-16-13 (Transfer or assignment of right or interest in vehicle under lease contract) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.