Indiana Code
Chapter 2. Credit Sales
24-4.5-2-411. Referral Sales

Sec. 411. Referral Sales — With respect to a consumer credit sale or consumer lease the seller or lessor may not give or offer to give a rebate or discount or otherwise pay or offer to pay value to the buyer or lessee as an inducement for a sale or lease in consideration of his giving to the seller or lessor the names of prospective purchasers or lessees, or otherwise aiding the seller or lessor in making a sale or lease to another person, if the earning of the rebate, discount or other value is contingent upon the occurrence of an event subsequent to the time the buyer or lessee agrees to buy or lease. If a buyer or lessee is induced by a violation of this section to enter into a consumer credit sale or consumer lease, the agreement is unenforceable by the seller or lessor and the buyer or lessee, at his option, may rescind the agreement or retain the goods delivered and the benefit of any services performed, without any obligation to pay for them.
Formerly: Acts 1971, P.L.366, SEC.3. As amended by Acts 1978, P.L.127, SEC.1.

Structure Indiana Code

Indiana Code

Title 24. Trade Regulation

Article 4.5. Uniform Consumer Credit Code

Chapter 2. Credit Sales

24-4.5-2-101. Short Title

24-4.5-2-102. Application

24-4.5-2-103. Definitions

24-4.5-2-104. Repealed

24-4.5-2-105. "Goods"; "Merchandise Certificate"; "Services"; "Sale of Goods"; "Sale of Services"; "Sale of an Interest in Land"; "Precomputed"

24-4.5-2-106. "Consumer Lease"

24-4.5-2-107. "Seller"

24-4.5-2-108. "Revolving Charge Account"

24-4.5-2-109. "Credit Service Charge"

24-4.5-2-110. "Cash Price"

24-4.5-2-111. "Amount Financed"

24-4.5-2-201. Credit Service Charge for Consumer Credit Sales; Sales Agreements Entered Into After June 30, 2020; Precomputed Sales Prohibited; Nonrefundable Prepaid Finance Charge Authorized; Revolving Charge Accounts; Subterfuge by Seller; Applicab...

24-4.5-2-202. Permitted Additional Charges; Skip-a-Payment Services; Expedited Payment Services; Gap Agreements

24-4.5-2-203. Repealed

24-4.5-2-203.5. Delinquency Charges

24-4.5-2-204. Deferral Charges

24-4.5-2-205. Credit Service Charge on Refinancing

24-4.5-2-206. Credit Service Charge on Consolidation

24-4.5-2-207. Repealed

24-4.5-2-208. Advances to Perform Covenants of Buyer

24-4.5-2-209. Right to Prepay Without Penalty; Payoff Statement; Liability for Failure to Provide; Short Sales; Foreclosed Property; No Protection From Deficiency Judgment

24-4.5-2-210. Rebate Upon Prepayment

24-4.5-2-301. Disclosures Required by Consumer Credit Protection Act; Exempt Transactions

24-4.5-2-302. Repealed

24-4.5-2-303. Repealed

24-4.5-2-304. Repealed

24-4.5-2-305. Repealed

24-4.5-2-306. Repealed

24-4.5-2-307. Repealed

24-4.5-2-308. Repealed

24-4.5-2-309. Repealed

24-4.5-2-310. Repealed

24-4.5-2-311. Repealed

24-4.5-2-312. Repealed

24-4.5-2-401. Scope

24-4.5-2-402. Use of Multiple Agreements

24-4.5-2-403. Repealed

24-4.5-2-404. Repealed

24-4.5-2-405. Balloon Payments

24-4.5-2-406. Restriction on Liability in Consumer Lease

24-4.5-2-407. Security Interests

24-4.5-2-407.5. Leasing of Live Domestic Animals Prohibited

24-4.5-2-408. Cross-Collateral

24-4.5-2-409. Debt Secured by Cross-Collateral

24-4.5-2-410. No Assignment of Earnings

24-4.5-2-411. Referral Sales

24-4.5-2-412. Notice of Assignment

24-4.5-2-413. Attorney's Fees

24-4.5-2-414. Limitation on Default Charges

24-4.5-2-415. Authorization to Confess Judgment Prohibited

24-4.5-2-416. Repealed

24-4.5-2-417. Creditor's Duty to Credit Payment as of Date of Receipt; Payments Not Conforming to Requirements; Creditor's Failure to Credit Payment

24-4.5-2-501. "Home Solicitation Sale"

24-4.5-2-502. Buyer's Right to Cancel

24-4.5-2-503. Repealed

24-4.5-2-504. Repealed

24-4.5-2-505. Repealed

24-4.5-2-601. Sale Subject to Article by Agreement of Parties

24-4.5-2-602. "Consumer Related Sale"; Credit Service Charge; Annual Notice to Department Not Required

24-4.5-2-603. Applicability of Other Provisions to Consumer Related Sales

24-4.5-2-604. Limitation on Default Charges in Consumer Related Sales

24-4.5-2-605. Credit Service Charge for Other Sales