Sec. 17. (a) If a converted motor vehicle is replaced by a responsible manufacturer or installer under this chapter, the responsible manufacturer or installer shall reimburse the buyer for any fees for the transfer of registration or any sales tax incurred by the buyer as a result of replacement.

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Terms Used In Indiana Code 24-5-13.1-17

  • buyer: means any person who, for purposes of a personal, noncommercial use, enters into an agreement or contract within Indiana for the purchase of a converted motor vehicle covered under this chapter. See Indiana Code 24-5-13.1-1
  • converted motor vehicle: means a new motor vehicle that has a conversion. See Indiana Code 24-5-13.1-3
  • installer: means any person who is engaged in the business of:

    Indiana Code 24-5-13.1-5

  • manufacturer: means :

    Indiana Code 24-5-13.1-6

  • motor vehicle: means any self-propelled vehicle that:

    Indiana Code 24-5-13.1-7

  • responsible manufacturer or installer: means the manufacturer or installer that is liable for the:

    Indiana Code 24-5-13.1-9

     (b) If a replaced converted motor vehicle was financed by the responsible manufacturer or installer, its subsidiary, or agent, the responsible manufacturer or installer, subsidiary, or agent may not require the buyer to enter into any refinancing agreement concerning a replacement converted motor vehicle that would create any financial obligations upon the buyer less favorable than those of the original financing agreement.

As added by P.L.91-2022, SEC.1.

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