{"data":{"id":"us-in/ic-24-7-6-2","jurisdiction":"us-in","citation":"IC 24-7-6-2","heading":"Charges allowed as condition precedent to reinstatement","body":"Sec. 2. (a) As a condition precedent to reinstatement of the rental purchase agreement, a lessor may charge:\n(1) the outstanding balance of any accrued regular rental payments, returned payment fees, and delinquency charges;\n(2) a reinstatement fee not exceeding the amount allowed under IC 24-7-5-6; and\n(3) delivery charges not exceeding the amounts allowed under IC 24-7-5-3 if redelivery of the item is necessary.\n(b) A reinstatement fee may not be charged under subsection (a)(2) unless the property has been returned to the lessor and is in the lessor's possession.","path":["TITLE 24. TRADE REGULATION","ARTICLE 7. RENTAL PURCHASE AGREEMENTS","Chapter 6. Reinstatement; Garnishment; Unconscionable Agreements"],"source_url":"https://iga.in.gov/ic/2026/Title_24.html#24-7-6-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-04T18:50:41Z","sha256":"fb59ab820b11205bdf473b46dec8664a76a275b28e5243db76197afefaa76e9b","source_id":"us-in","stale":false,"prev":"us-in/ic-24-7-6-1","next":"us-in/ic-24-7-6-3"},"notice":"GroundRules: Original legal text. Not legal advice."}