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§ 24-7-6-3 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 24 - Trade Regulation/
  5. Article 7 - Rental Purchase Agreements/
  6. Chapter 6 - Reinstatement; Garnishment; Unconscionable Agreements24-7-6-1. Reinstatement of Original Agreement; Conditions/
  7. § 24-7-6-3
Indiana Legal Code

§ 24-7-6-3

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If reinstatement occurs under sections 1 through 2 of this chapter, the lessor shall provide the lessee with either the same item leased by the lessee before reinstatement or a substitute item of comparable quality and condition. If any information disclosed under IC 24-7-3-2 is inaccurate after the delivery of a substitute item, the lessor shall provide the lessee with a revised set of disclosures. If there is more than one (1) lessee in a rental purchase agreement, delivery of a copy of the revised set of disclosures to one (1) of the lessees is sufficient to comply with this section.As added by P.L.254-1987, SEC.1.