{"data":{"id":"us-in/ic-24-7-4-11","jurisdiction":"us-in","citation":"IC 24-7-4-11","heading":"Prohibited acts; additional payments; payments exceeding acquisition cost; payments to third parties","body":"Sec. 11. Except as provided in section 1 of this chapter, a lessor shall not require or permit a lessee to:\n(1) make any payment in addition to an initial rental payment and regular rental payments in order to acquire ownership of the property;\n(2) pay rental payments totaling more than the cost to acquire ownership stated in the rental purchase agreement; or\n(3) make any payment to a third party as a condition to entering into a rental purchase agreement.","path":["TITLE 24. TRADE REGULATION","ARTICLE 7. RENTAL PURCHASE AGREEMENTS","Chapter 4. Limitations"],"source_url":"https://iga.in.gov/ic/2026/Title_24.html#24-7-4-11","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-04T18:50:41Z","sha256":"9c45b2a2edae3598a12673f00c4ae523ac2b85b84a3e33c3489434d6352780d1","source_id":"us-in","stale":false,"prev":"us-in/ic-24-7-4-10","next":"us-in/ic-24-7-4-12"},"notice":"GroundRules: Original legal text. Not legal advice."}