Indiana Statutes

§ 24-7-1-1 — Rental purchase agreements affected; lessee's residence

Indiana·Art. 7 RENTAL PURCHASE AGREEMENTS·Ch. 1 Application
(a)This article applies to a rental purchase agreement if:
(1)the rental purchase agreement is entered into in Indiana;
(2)the lessee is a resident of Indiana at the time a lessor offering the rental purchase agreement solicits the rental purchase agreement or a modification of the rental purchase agreement by any mode of communication; or
(3)the lessee is a resident of Indiana at the time the lessor offering a rental purchase agreement receives either a signed writing evidencing the creation or modification of a rental purchase agreement or a written offer from the lessee to enter into or modify a rental purchase agreement.
(b)For the purposes of this article, the residence of a lessee is the address given by the lessee as the lessee's residence in any writing signed by the lessee in

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Legislative History

As added by P.L.254-1987, SEC.1.

Nearby Sections

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