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§ 24-7-1-1 — Indiana Law | CourtGPT
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  4. Title 24 - Trade Regulation/
  5. Article 7 - Rental Purchase Agreements/
  6. Chapter 1 - Application24-7-1-0.1. Application of Article/
  7. § 24-7-1-1
Indiana Legal Code

§ 24-7-1-1

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(a) This article applies to a rental purchase agreement if:(1) the rental purchase agreement is entered into in Indiana;(2) the lessee is a resident of Indiana at the time a lessor offering the rental purchase agreement solicits the rental purchase agreement or a modification of the rental purchase agreement by any mode of communication; or(3) the lessee is a resident of Indiana at the time the lessor offering a rental purchase agreement receives either a signed writing evidencing the creation or modification of a rental purchase agreement or a written offer from the lessee to enter into or modify a rental purchase agreement.(b) For the purposes of this article, the residence of a lessee is the address given by the lessee as the lessee's residence in any writing signed by the lessee in connection with a rental purchase agreement. Until the lessee notifies the lessor of a new or different residence address, the given residence address is presumed to be unchanged.As added by P.L.254-1987, SEC.1.