24-5-16-8. “Security Agreement” Defined
Sec. 8. As used in this chapter, “security agreement” has the meaning set forth in IC 26-1-9.1-102(a)(73). As added by P.L.80-1990, SEC.16. Amended by P.L.57-2000, SEC.9.
24-5-16-9. “Security Interest” Defined
Sec. 9. As used in this chapter, “security interest” has the meaning set forth in IC 26-1-1-201(37). As added by P.L.80-1990, SEC.16.
24-5-16-10. “Seller” Defined
Sec. 10. As used in this chapter, “seller” has the meaning set forth in IC 26-1-2-103(1)(d). The term includes the present holder of an installment sales agreement. As added by P.L.80-1990, SEC.16.
24-5-16-11. “Vehicle” Defined
Sec. 11. As used in this chapter, “vehicle” has the meaning set forth in IC 24-4-9-8. As added by P.L.80-1990, SEC.16.
24-5-16-12. Unlawful Subleasing; Conditions
Sec. 12. (a) A person engages in an act of unlawful subleasing of a vehicle if all of the following conditions are met: (1) The vehicle is subject to a lease contract, an installment sales agreement, or a security agreement, the terms of which prohibit the transfer or assignment of any right or interest in […]
24-5-16-13. Transfer or Assignment of Right or Interest in Vehicle Under Lease Contract
Sec. 13. (a) The actual or purported transfer or assignment, or the assisting, causing, or arranging of an actual or purported transfer or assignment, of a right or an interest in a vehicle under a lease contract, installment sales agreement, or security agreement by a person who is a party to the lease contract, installment […]
24-5-16-14. Civil Action
Sec. 14. Any one (1) or more of the following who suffer any damage proximately resulting from one (1) or more acts of unlawful vehicle subleasing described in section 12 of this chapter may bring an action against the person who has engaged in those acts: (1) A seller or other secured party under an […]
24-5-16-15. Remedies
Sec. 15. The court in an action under section 14 of this chapter may award the following: (1) Actual damages. (2) Equitable relief, including an injunction and restitution of money and property. (3) Punitive damages. (4) Reasonable attorney’s fees and costs. (5) Any other relief the court considers proper. As added by P.L.80-1990, SEC.16.
24-5-16-16. Class a Misdemeanor
Sec. 16. A person who knowingly or intentionally engages in an act of unlawful subleasing of a vehicle as described in section 12 of this chapter commits a Class A misdemeanor. As added by P.L.80-1990, SEC.16.
24-5-16-4. “Lease Contract” Defined
Sec. 4. As used in this chapter, “lease contract” means a lease contract for or in contemplation of a lease for the use of a vehicle, and the purchase of services incidental to the lease, by an individual for a term exceeding four (4) months primarily for personal, family, household, business, commercial, or agricultural use. […]