Terms Used In Indiana Code 27-7-17-5

  • cancellation fee waiver: means a contractual agreement between a supplier of travel services and its customer to waive some or all of the nonrefundable cancellation fee provisions of the supplier's underlying travel contract with or without regard to the reason for the cancellation or form of reimbursement. See Indiana Code 27-7-17-5
  • Contract: A legal written agreement that becomes binding when signed.
   Sec. 5. As used in this chapter, “cancellation fee waiver” means a contractual agreement between a supplier of travel services and its customer to waive some or all of the nonrefundable cancellation fee provisions of the supplier’s underlying travel contract with or without regard to the reason for the cancellation or form of reimbursement. A cancellation fee waiver is not insurance.

As added by P.L.19-2022, SEC.5.