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Indiana Code Title 27. Insurance § 27-1-43.2-9

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 9. As used in this chapter, “warranty” means a guarantee that:

(1) is made:

(A) solely by the manufacturer, importer, or seller of property or services;  and

(B) without consideration;

(2) is not negotiated or separated from the sale of the property or services;

(3) is incidental to the sale of the property or services;  and

(4) the person making the guarantee will indemnify the warranty holder for:

(A) defective parts;

(B) mechanical or electrical failure;

(C) labor;  or

(D) other remedial measures, including repair or replacement of the property or repetition of services.

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Cite this article: FindLaw.com - Indiana Code Title 27. Insurance § 27-1-43.2-9 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-27-insurance/in-code-sect-27-1-43-2-9/

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