Indiana Statutes

§ 24-7-2-8 — "Property"

Indiana·Art. 7 RENTAL PURCHASE AGREEMENTS·Ch. 2 Definitions

"Property" means any property that:

(1)is not real property or intangible personal property under Indiana law;
(2)is used or intended for use by an individual primarily for personal, family, or household purposes;
(3)a lessor holds complete and total ownership of, or ownership rights to; and
(4)is made available by a lessor to a lessee under a rental purchase agreement.

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Legislative History

As added by P.L.254-1987, SEC.1. Amended by P.L.69-2018, SEC.30.

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