Indiana Code 24-5-13-14. Retention of vehicle pending replacement or refund
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Terms Used In Indiana Code 24-5-13-14
- buyer: means any person who, for purposes other than resale or sublease, enters into an agreement or contract within Indiana for the transfer, lease, or purchase of a motor vehicle covered under this chapter. See Indiana Code 24-5-13-3
- manufacturer: means any person who is engaged in the business of manufacturing motor vehicles, or, in the case of motor vehicles not manufactured in the United States, any person who is engaged in the business of importing motor vehicles. See Indiana Code 24-5-13-4
- vehicle: means any self-propelled vehicle that:
Indiana Code 24-5-13-5
Sec. 14. A buyer has the option of retaining the use of any vehicle returned under this chapter until the time that the buyer has been tendered a full refund or replacement vehicle of comparable value. The use of any vehicle retained by a buyer after its return to a manufacturer under this chapter must, in cases in which a refund is tendered, be reflected in the reasonable allowance for use required by section 11 of this chapter.
As added by P.L.150-1988, SEC.1.