Sec. 1. (a) A person, a firm, a limited liability company, a
corporation, or an association who supplies by rental or
lease a
circulating product that is the
property of the supplier may adopt and use a name or other mark or device woven, impressed, or produced on the circulating product to indicate ownership and registration as described by this chapter.
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Terms Used In Indiana Code 24-4-5-1
- circulating product: includes :
Indiana Code 24-4-5-1.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- delivery container: means a permanent container used by:
Indiana Code 24-4-5-1.2
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- registrant: means a supplier of a circulating product or the owner of a delivery container who has filed under section 1 of this chapter a description of a name, mark, or device used to indicate the ownership of the circulating product or delivery container. See Indiana Code 24-4-5-1.3
(c) A supplier of a circulating product and an owner of a delivery container may file in the office of the secretary of state and also in the office of the county recorder of the county in which the principal place of business of the supplier or owner is located or if the principal place of business is located outside Indiana then in the office of the county recorder of any county of the state in which it does business, a description of the names, marks, or devices used to indicate ownership, and cause such description to be printed once a week for three (3) successive weeks in a newspaper published in the county in which such description is filed. The registrant shall pay the secretary of state three dollars ($3) for each registration and the county recorder, the amount provided by law for recordation.
Formerly: Acts 1971, P.L.365, SEC.1. As amended by P.L.114-1992, SEC.1; P.L.8-1993, SEC.351.
