Statutes, codes, and regulations
Indiana Code
Title 24 - TRADE REGULATIONArticle 7 - RENTAL PURCHASE AGREEMENTS
Chapter 4 - LIMITATIONS
Section 24-7-4-5 - Required waiver of lessee's defenses, counterclaims, or rights of action in collecting payments or charges

Ind. Code § 24-7-4-5

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Current through P.L. 171-2024
Section 24-7-4-5 - Required waiver of lessee's defenses, counterclaims, or rights of action in collecting payments or charges

A lessor may not require a lessee to waive any defense, counterclaim, or right of action against:

(1) the lessor; or
(2) a person acting on the lessor's behalf, as the lessee's agent;

in collection of rental payments or charges under the rental purchase agreement.

IC 24-7-4-5

As added by P.L. 254-1987, SEC.1.