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;

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Terms Used In Indiana Code 24-4-9-5

  • Contract: A legal written agreement that becomes binding when signed.
  • rental company: means any person engaged in the business of regularly making available, or arranging for another person to use, a vehicle under a rental agreement. See Indiana Code 24-4-9-7
  • renter: means a person who obtains the use of a vehicle from a rental company under a rental agreement. See Indiana Code 24-4-9-6
  • vehicle: means a private passenger motor vehicle primarily designed for transporting passengers. See Indiana Code 24-4-9-8
(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.