Indiana Code 24-7-4-12. Mandatory insurance; early termination of agreement or item return penalties; fees or charges imposed on cosigner
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Sec. 12. A lessor may not require any of the following:
(2) A penalty for early termination of a rental purchase agreement or for the return of an item at any point, except charges authorized under IC 24-7-5.
(1) The mandatory purchase of insurance by the lessee from the lessor.
(3) A payment by a cosigner of the rental purchase agreement for any fees or charges that may not be imposed on the lessee as part of the rental purchase agreement.
As added by P.L.254-1987, SEC.1.