Indiana Statutes

§ 24-7-3-4 — Form of disclosures

Indiana·Art. 7 RENTAL PURCHASE AGREEMENTS·Ch. 3 Disclosures; Form of Rental Purchase Agreement
(a)The disclosures required under section 3 of this chapter shall be stated:
(1)clearly and conspicuously; and
(2)in words and phrases that have a nontechnical meaning.
(b)Except as provided in the rules adopted by the department, the disclosures required under section 3 of this chapter may be included in the rental purchase agreement or in a separate writing that references the rental purchase agreement.
(c)Except as provided in the rules adopted by the department, the disclosures required under section 3 of this chapter may be provided in a different sequence than the sequence set forth in section 3 of this chapter.
(d)Additional information or explanations supplied by the lessor may not have the effect of circumventing, evading, or unduly complicating the information required to b

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Legislative History

As added by P.L.254-1987, SEC.1. Amended by P.L.172-1997, SEC.10.

Nearby Sections

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