Indiana Code > Title 24 > Article 5 > Chapter 13.5 – Buyback Vehicle Disclosure
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Terms Used In Indiana Code > Title 24 > Article 5 > Chapter 13.5 - Buyback Vehicle Disclosure
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- bureau: refers to the bureau of motor vehicles created by IC 9-14-7-1. See Indiana Code 24-5-13.5-2
- buyback vehicle: means a motor vehicle that has been replaced or repurchased by a manufacturer or a nonresident manufacturer's agent or an authorized dealer, either under this chapter or IC 24-5-13 by judgment, decree, arbitration award, settlement agreement, or voluntary agreement in Indiana or another state, but does not include a motor vehicle that was repurchased pursuant to a guaranteed repurchase or satisfaction program advertised by the manufacturer and was not alleged or found to have a nonconformity as defined in IC 24-5-13-6. See Indiana Code 24-5-13.5-3
- buyer: means a person who, for purposes other than resale or sublease, enters into an agreement or a contract within Indiana for the transfer, lease, or purchase of a buyback vehicle. See Indiana Code 24-5-13.5-4
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- dealer: means a person engaged in the business of buying, selling, leasing, or exchanging motor vehicles. See Indiana Code 24-5-13.5-5
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- initial resale: means the first time a dealer sells a buyback vehicle to a buyer after it has been repurchased by a manufacturer under this chapter or IC 24-5-13. See Indiana Code 24-5-13.5-5.5
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
- Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
- 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
- manufacturer: has the meaning set forth in IC 24-5-13-4. See Indiana Code 24-5-13.5-6
- Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
- motor vehicle: has the meaning set forth in IC 24-5-13-5. See Indiana Code 24-5-13.5-7
- nonconformity: has the meaning set forth in IC 24-5-13-6. See Indiana Code 24-5-13.5-8
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- warranty: means :
Indiana Code 24-5-13.5-9