"Warranty"

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Sec. 9. As used in this chapter, "warranty" means a guarantee that:

(1) is made:

(A) solely by the manufacturer, importer, or seller of property or services; and

(B) without consideration;

(2) is not negotiated or separated from the sale of the property or services;

(3) is incidental to the sale of the property or services; and

(4) the person making the guarantee will indemnify the warranty holder for:

(A) defective parts;

(B) mechanical or electrical failure;

(C) labor; or

(D) other remedial measures, including repair or replacement of the property or repetition of services.

As added by P.L.129-2014, SEC.10.


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