Ind. Code § 24-5-13.5-3

Current through P.L. 171-2024
Section 24-5-13.5-3 - "Buyback vehicle"

As used in this chapter, "buyback vehicle" means a motor vehicle that has been replaced or repurchased by a manufacturer or a nonresident manufacturer's agent or an authorized dealer, either under this chapter or IC 24-5-13 by judgment, decree, arbitration award, settlement agreement, or voluntary agreement in Indiana or another state, but does not include a motor vehicle that was repurchased pursuant to a guaranteed repurchase or satisfaction program advertised by the manufacturer and was not alleged or found to have a nonconformity as defined in IC 24-5-13-6.

IC 24-5-13.5-3

As added by P.L. 65-1992, SEC.3. Amended by P.L. 118-1993, SEC.2.