24-4-9-5. "Rental agreement"

IN Code § 24-4-9-5 (2019) (N/A)
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Sec. 5. As used in this chapter, "rental agreement" means a written contract:

(1) that authorizes a renter to use a vehicle made available by a rental company for a period of thirty (30) days or less;

(2) under which a charge for use of the vehicle is made at a periodic rate; and

(3) under which title to the vehicle is not transferred to the renter.

As added by P.L.232-1989, SEC.1.