Indiana Code 24-5-10-7. “Subject of a consumer transaction” defined
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Terms Used In Indiana Code 24-5-10-7
- consumer: means an individual who is the ultimate user of the subject of a consumer transaction. See Indiana Code 24-5-10-2
- consumer transaction: means a sale, lease, assignment, award by chance, or other disposition of an item of personal property, real property, a service, or an intangible to an individual for purposes that are primarily personal, family, or household, or a solicitation to supply any of these things, with or without an extension of credit. See Indiana Code 24-5-10-3
- Contract: A legal written agreement that becomes binding when signed.
Sec. 7. As used in this chapter, “subject of a consumer transaction” means the personal property, real property, services, or intangibles furnished in a consumer transaction, whether the transaction is governed by a single contract or multiple contracts.
As added by P.L.251-1987, SEC.2.