Sec. 5. As used in this chapter, "rental agreement" means a written contract:
(1) that authorizes a renter to use a vehicle made available by a rental company for a period of thirty (30) days or less;
(2) under which a charge for use of the vehicle is made at a periodic rate; and
(3) under which title to the vehicle is not transferred to the renter.
As added by P.L.232-1989, SEC.1.