Indiana Statutes
§ 9-17-5-4 — Security interest not created by rental agreement
Notwithstanding any other law, a rental
transaction agreement does not create a sale or security interest in a
vehicle solely because the transaction agreement provides that the
rental price may be adjusted upon the termination of the agreement
based upon the amount received for the vehicle upon sale or other
disposition.
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Legislative History
As added by P.L.123-1995, SEC.1. Amended by P.L.198-2016,
SEC.241.
Nearby Sections
15
§ 9-13-0.1-1
P.L.2-1991 codification; no effect on rights, liabilities, penalties,
violations, or proceedings; references§ 9-13-1-1
Application of definitions§ 9-13-1-2
Inapplication of article to IC 9-28§ 9-13-1-3
Repealed§ 9-13-1-4
References to federal statutes or regulations relating to the National
Voter Registration Act§ 9-13-2-0.1
Repealed§ 9-13-2-1
"Abandoned vehicle"§ 9-13-2-1.1
Repealed§ 9-13-2-1.2
Repealed§ 9-13-2-1.3
Repealed§ 9-13-2-1.4
"Adapted vehicle"§ 9-13-2-1.5
Repealed§ 9-13-2-1.6
"Advisory board"§ 9-13-2-1.7
"Aggressive driving"