2024 Indiana Code
Title 24. Trade Regulation
Article 5. Consumer Sales
Chapter 13.5. Buyback Vehicle Disclosure
24-5-13.5-3. "Buyback Vehicle"

Universal Citation:
IN Code § 24-5-13.5-3 (2024)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

Sec. 3. As used in this chapter, "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.

As added by P.L.65-1992, SEC.3. Amended by P.L.118-1993, SEC.2.

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