IC 37-2-3-16: Restriction on liability in consumer lease
Where this section sits in the code
- TITLE 37. CONSUMER LENDING
- ARTICLE 2. UNIFORM CONSUMER CREDIT CODE
- Chapter 3. Credit Sales
Sec. 16. The obligation of a lessee upon expiration of a consumer lease may not exceed three (3) times the average payment allocable to a monthly period under the lease. This limitation does not apply to charges for damages to the leased property or for other default.
Collected 2026-08-22T06:53:15Z. Source file · JSON