{"data":{"id":"us-in/ic-24-5-16.5-9","jurisdiction":"us-in","citation":"IC 24-5-16.5-9","heading":"Duties of retail lessor","body":"Sec. 9. A retail lessor shall do the following:\n(1) Comply with the requirements of Regulation M (12 CFR 213) for disclosure of gross capitalized cost, capitalized cost reduction, and adjusted capitalized cost adopted under the federal Truth in Lending Act (15 U.S.C. 1601 et seq.).\n(2) Disclose to a retail lessee in a separate blocked section in a lease agreement, in capital letters in at least 10 point bold type the following:\nTHIS IS A LEASE AGREEMENT. THIS IS NOT A PURCHASE AGREEMENT. PLEASE REVIEW THESE MATTERS CAREFULLY AND SEEK INDEPENDENT PROFESSIONAL ADVICE IF YOU HAVE ANY QUESTIONS CONCERNING THIS TRANSACTION. YOU ARE ENTITLED TO AN EXACT COPY OF THE AGREEMENT YOU SIGN.\n(3) Provide the retail lessee with a copy of each document signed by the retail lessee during the course of the lease transaction.","path":["TITLE 24. TRADE REGULATION","ARTICLE 5. CONSUMER SALES","Chapter 16.5. Disclosures Required in Motor Vehicle Leases"],"source_url":"https://iga.in.gov/ic/2026/Title_24.html#24-5-16.5-9","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-04T18:50:41Z","sha256":"368fc426b58bdeeaad5acb0e3261a358cff01216dcaf6366e876bfbd0b98903c","source_id":"us-in","stale":false,"prev":"us-in/ic-24-5-16.5-8","next":"us-in/ic-24-5-16.5-10"},"notice":"GroundRules: Original legal text. Not legal advice."}