Indiana Statutes
§ 24-7-6-1 — Reinstatement of original agreement; conditions
Indiana § 24-7-6-1
This text of Indiana § 24-7-6-1 (Reinstatement of original agreement; conditions) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 24-7-6-1 (2026).
Text
A lessee who fails to make timely rental payments has the right to reinstate the original rental purchase agreement under the original terms of the agreement without losing any rights or options previously acquired under the rental purchase agreement and without additional charges or penalties, except charges or penalties authorized under section 2 of this chapter, if:
(1)subsequent to having failed to make a timely rental payment,
the lessee surrenders the property to the lessor not later than seven
(7)days after the date the lessor requests the property be
surrendered; and
(2)not more than one hundred twenty (120) days elapse after the
date the lessee surrenders the property.
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Legislative History
As added by P.L.254-1987, SEC.1. Amended by P.L.222-2013,
SEC.5.
Nearby Sections
15
§ 24-1-1-3
Offense§ 24-1-1-4
Persons affected by chapter; exception§ 24-1-1-5
Civil suit for damages§ 24-1-1-6
Special grand jury instructions§ 24-1-2-10
Person; definition§ 24-1-2-2
Monopoly; offenseCite This Page — Counsel Stack
Bluebook (online)
Indiana § 24-7-6-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-7-6-1.