Required Waiver of Lessee's Defenses, Counterclaims, or Rights of Action in Collecting Payments or Charges

  1. Law
  2. Indiana Code
  3. Trade Regulation
  4. Rental Purchase Agreements
  5. Limitations
  6. Required Waiver of Lessee's Defenses, Counterclaims, or Rights of Action in Collecting Payments or Charges

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Sec. 5. A lessor may not require a lessee to waive any defense, counterclaim, or right of action against:

(1) the lessor; or

(2) a person acting on the lessor's behalf, as the lessee's agent;

in collection of rental payments or charges under the rental purchase agreement.

As added by P.L.254-1987, SEC.1.


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