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

(1) the lessor; or

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Terms Used In Indiana Code 24-7-4-5

  • Counterclaim: A claim that a defendant makes against a plaintiff.
(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.