Louisiana Revised Statutes 9:1149.2 – Definitions
Terms Used In Louisiana Revised Statutes 9:1149.2
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
In this Chapter, the following words and phrases shall have the meaning ascribed to them unless the content or subject matter clearly indicates otherwise:
(1) “Person” means any individual, firm, corporation, partnership or association.
(2) “Manufactured home” means a mobile home or residential mobile home.
(3) “Mobile home” means a factory assembled structure or structures transportable in one or more sections, with or without a permanent foundation, and includes the plumbing, heating, air conditioning, and electrical systems contained therein.
(4) “Manufacturer” means any person regularly engaged in the business of assembling manufactured homes, either within or without this state.
(5) “Dealer” means any person engaged in the business of buying, selling, or exchanging manufactured homes which are subject to license under Chapter 4 of the Subtitle II of Title 47 of the Louisiana Revised Statutes of 1950.
(6) “Commissioner” means the director of public safety or his duly assigned assistants, as provided for in La. Rev. Stat. 40:1301, who, in addition to all other powers, shall have all powers granted and perform such duties as are imposed on the commissioner by this Chapter.
(7) “Vehicle” means mobile homes and residential mobile homes.
(8) “Mortgage” shall include any rights under a retail installment contract, a chattel mortgage, a security agreement under Chapter 9 of the Louisiana Commercial Laws (La. Rev. Stat. 10:9-101, et seq.), and mortgages upon immovable property.
(9) “Certificate of title” means a vehicle certificate of title as provided for in La. Rev. Stat. 32:701.
(10) “Residential mobile home” means a manufactured home designed to be used as a dwelling, and may include a mobile home or a residential mobile home that has been declared to be a part of the realty as provided in La. Rev. Stat. 9:1149.4.
(11) “Retail installment contract” means an agreement entered into pursuant to Chapter 10 of Title 6 of the Louisiana Revised Statutes of 1950.
(12) “Manufacturer’s certificate of origin” means a certificate on a form to be prescribed by the commissioner, and furnished by the manufacturer, showing the original transfer of a new vehicle from the manufacturer to the original purchaser, and each subsequent transfer between distributor and dealer, dealer and dealer, and dealer to owner, through and including the transfer to the title applicant.
Added by Acts 1982, No. 524, §1, eff. July 22, 1982. Amended by Acts 1989, No. 137, §4, eff. Sept. 1, 1989.