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Indiana · Snapshot 2026

IC 37-2-3-16: Restriction on liability in consumer lease

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Where this section sits in the code
  1. TITLE 37. CONSUMER LENDING
  2. ARTICLE 2. UNIFORM CONSUMER CREDIT CODE
  3. 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

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