Sec. 27. (a) An action brought under this chapter must be commenced within two (2) years following the date the buyer first reports the nonconformity to the responsible manufacturer or installer, its agent, or authorized dealer.
(b) When the buyer has commenced an informal dispute settlement procedure described in section 23 of this chapter, the two (2) year period specified in subsection (a) is tolled during the time the informal dispute settlement procedure is being conducted.