IC 24-7-8
    Chapter 8. Registration of Lessors

IC 24-7-8-1
Notification by lessor
    Sec. 1. A lessor shall file notification with the department:
        (1) within thirty (30) days after soliciting or entering into arental purchase agreement subject to this article; and
        (2) before February 1 in each subsequent year that the lessorsolicits or enters into a rental purchase agreement subject to thisarticle.
As added by P.L.254-1987, SEC.1. Amended by P.L.172-1997,SEC.15.

IC 24-7-8-2
Contents of notification
    Sec. 2. The notification required under section 1 of this chaptermust include the following:
        (1) The name of the lessor.
        (2) The name in which business is transacted if different fromsubdivision (1).
        (3) The address of the principal office, which may be outsideIndiana.
        (4) The address of all offices or stores, if any, in Indiana atwhich rental purchase agreements are made.
        (5) If rental purchase agreements are made in a place other thanan office or retail store in Indiana, a brief description of themanner in which they are made.
        (6) The address of the designated agent upon whom service ofprocess may be made in Indiana.
        (7) Other information required by the director of thedepartment.
As added by P.L.254-1987, SEC.1. Amended by P.L.35-2010,SEC.93.

IC 24-7-8-3
Corrective notification
    Sec. 3. If information in a notification becomes inaccurate afterfiling, no further notification is required until the lessor is requiredto file a subsequent notification under section 1 of this chapter.
As added by P.L.254-1987, SEC.1.

IC 24-7-8-4
Fees; costs of examination by department; late fees
    Sec. 4. (a) A lessor required to file a notification with thedepartment under section 1 of this chapter shall pay to thedepartment the following fees:
        (1) A fee fixed by the department under IC 28-11-3-5 with theinitial notification filed with the department.
        (2) A fee fixed by the department under IC 28-11-3-5 for each

place of business operated by the lessor on December 31 of thepreceding year with each annual notification subsequently filedwith the department.
    (b) In addition to the fee required under subsection (a)(2), if thedepartment examines the books and records of the lessor, the lessorshall pay to the department all reasonably incurred costs of theexamination in accordance with the fee schedule adopted by thedepartment under IC 28-11-3-5.
    (c) The department may impose a fee fixed by the departmentunder IC 28-11-3-5 for each day a lessor is late in:
        (1) submitting the information required under IC 24-7-8-2; or
        (2) paying a fee under subsection (a).
As added by P.L.254-1987, SEC.1. Amended by P.L.138-1990,SEC.14; P.L.14-1992, SEC.64; P.L.45-1995, SEC.19; P.L.10-2006,SEC.23 and P.L.57-2006, SEC.23; P.L.35-2010, SEC.94.