Indiana Code 24-7-2-8.5. “Regular rental payment”

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Terms Used In Indiana Code 24-7-2-8.5

Property: includes personal and real property. See Indiana Code 1-1-4-5

Sec. 8.5. “Regular rental payment” means a periodic payment in a fixed amount that permits a lessee’s use of property under a rental purchase agreement for a specific time after the initial rental period.

As added by P.L.176-2019, SEC.30.

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