{"data":{"id":"us-in/ic-37-2-3-16","jurisdiction":"us-in","citation":"IC 37-2-3-16","heading":"Restriction on liability in consumer lease","body":"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.","path":["TITLE 37. CONSUMER LENDING","ARTICLE 2. UNIFORM CONSUMER CREDIT CODE","Chapter 3. Credit Sales"],"source_url":"https://iga.in.gov/ic/2026/Title_37.html#37-2-3-16","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-22T06:53:15Z","sha256":"56a543a2ca93c3e1acc52d78c9cc1d6e42641be58b1f6c5526ff6a2313503f2e","source_id":"us-in","stale":false,"prev":"us-in/ic-37-2-3-15","next":"us-in/ic-37-2-3-17"},"notice":"GroundRules: Original legal text. Not legal advice."}