Ind. Code § 32-31-3-13.5

Current through P.L. 171-2024

Section 32-31-3-13.5 - Use of motor vehicle liens as security

A landlord may not require, but may accept, a lien on a motor vehicle that is owned by a tenant as a security deposit or to secure the payment of rent by the tenant. If a landlord accepts a lien on a motor vehicle as security under this section, the landlord must:

(1) file or record the lien under IC 32-33; and

(2) comply with the requirements of IC 32-31-3 concerning security deposits;

in order to enforce the lien.

IC 32-31-3-13.5

Added by P.L. 47-2012, SEC. 1, eff. 7/1/2012.