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Indiana · Snapshot 2026

IC 24-7-6-3: Same or substituted leased item upon reinstatement; revised disclosures

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Where this section sits in the code
  1. TITLE 24. TRADE REGULATION
  2. ARTICLE 7. RENTAL PURCHASE AGREEMENTS
  3. Chapter 6. Reinstatement; Garnishment; Unconscionable Agreements

Sec. 3. If reinstatement occurs under sections 1 through 2 of this chapter, the lessor shall provide the lessee with either the same item leased by the lessee before reinstatement or a substitute item of comparable quality and condition. If any information disclosed under IC 24-7-3-2 is inaccurate after the delivery of a substitute item, the lessor shall provide the lessee with a revised set of disclosures. If there is more than one (1) lessee in a rental purchase agreement, delivery of a copy of the revised set of disclosures to one (1) of the lessees is sufficient to comply with this section.

Collected 2026-09-04T18:50:41Z. Source file · JSON

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