24-5-16.5-7. "Retail lessor"

IN Code § 24-5-16.5-7 (2019) (N/A)
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Sec. 7. As used in this chapter, "retail lessor" means a person who regularly engages in the business of selling or leasing motor vehicles and who offers or arranges a lease agreement for a motor vehicle. The term includes an agent or affiliate who acts on behalf of the retail lessor and excludes any assignee of the lease agreement.

As added by P.L.151-2015, SEC.80.