Sec. 10. (a) The lessee may pay the original lessor until the lessee receives written notification:
(1) that assignment of the rights to rental payments under the rental purchase agreement has occurred; and
(2) of the person to whom rental payments are to be made.
(b) A notification that does not reasonably identify the rights assigned is ineffective.
(c) If requested by the lessee, the assignee must take reasonable steps to furnish proof that the assignment has been made. Unless the assignee furnishes the proof, the lessee may pay the original lessor.
As added by P.L.254-1987, SEC.1.
Structure Indiana Code
Article 7. Rental Purchase Agreements
24-7-4-1. Lessee's Acquisition of Ownership
24-7-4-2. Contractual Abridgement of Rights and Duties
24-7-4-3. Assignment of Earnings as Payment
24-7-4-6. Repossession Limited
24-7-4-7. Prejudgment Garnishment
24-7-4-10. Notice and Proof of Assignment
24-7-4-13. Acceptance and Application of Payments; Payments Exceeding Scheduled Amount Due