Manufactured-home transaction definition

Manufactured-home transaction means a secured transaction:
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Manufactured-home transaction means a secured transaction that creates a purchase-money security interest in a manufactured home, other than a manufactured home held as inventory, or in which a manufactured home, other than a manufactured home held as inventory, is the primary collateral.
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Manufactured-home transaction means a consumer credit sale, as defined in s. 421.301 (9), of or a consumer loan, as defined in s. 421.301 (12), secured by a first lien or equivalent security interest in a mobile home or manufactured home.
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More Definitions of Manufactured-home transaction

Manufactured-home transaction means a secured transaction that satisfies either of the following:
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Manufactured-home transaction means a secured transaction: (A) that creates a purchase-money security interest in a
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Manufactured-home transaction means a secured transaction: 1413 (A) that creates a purchase-money security interest in a manufactured home, other than a 1414 manufactured home held as inventory; or 1415 (B) in which a manufactured home, other than a manufactured home held as inventory, is the 1416 primary collateral. 1417 (55) "Mortgage" means a consensual interest in real property, including fixtures, which secures 1418 payment or performance of an obligation. 1419 (56) "New debtor" means a person that becomes bound as debtor under § 8.9A-203 (d) by a security 1420 agreement previously entered into by another person. 1421 (57) "New value" means (i) money, (ii) money's worth in property, services, or new credit, or (iii) 1422 release by a transferee of an interest in property previously transferred to the transferee. The term does 1423 not include an obligation substituted for another obligation. 1424 (58) "Noncash proceeds" means proceeds other than cash proceeds. 1425 (59) "Obligor" means a person that, with respect to an obligation secured by a security interest in or 1426 an agricultural lien on the collateral, (i) owes payment or other performance of the obligation, (ii) has 1427 provided property other than the collateral to secure payment or other performance of the obligation, or 1428 (iii) is otherwise accountable in whole or in part for payment or other performance of the obligation. 1429 The term does not include issuers or nominated persons under a letter of credit. 1430 (60) "Original debtor," except as used in subsection (c) of § 8.9A-310, means a person that, as 1431 debtor, entered into a security agreement to which a new debtor has become bound under subsection (d) 1432 of § 8.9A-203. 1433 (61) "Payment intangible" means a general intangible under which the account debtor's principal 1434 obligation is a monetary obligation. 1435 (62) "Person related to," with respect to an individual, means: 1436 (A) the spouse of the individual; 1437 (B) a brother, brother-in-law, sister, or sister-in-law of the individual; 1438 (C) an ancestor or lineal descendant of the individual or the individual's spouse; or 1439 (D) any other relative, by blood or marriage, of the individual or the individual's spouse who shares 1440 the same home with the individual. 1441 (63) "Person related to," with respect to an organization, means: 1442 (A) a person directly or indirectly controlling, controlled by, or under common control with the 1443 organization; 1444 (B) an officer or director of, or...
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Manufactured-home transaction means a secured transaction: 2 (A) That creates a purchase-money security interest in a 3 manufactured home, other than a manufactured home held 4 as inventory; or 5 (B) In which a manufactured home, other than a manufactured 6 home held as inventory, is the primary collateral. 7 "Mortgage" means a consensual interest in real property, 8 including fixtures, which secures payment or performance of an 9 obligation. 10 "New debtor" means a person that becomes bound as debtor 11 under section 490:9-203(d) by a security agreement previously 12 entered into by another person. 13 "New value" means: 14 (1) Money; 15 (2) Money's worth in property, services, or new credit; or 16 (3) Release by a transferee of an interest in property 17 previously transferred to the transferee. The term 18 does not include an obligation substituted for another 19 obligation. 20 "Noncash proceeds" means proceeds other than cash proceeds. 21 "Obligor" means a person that, with respect to an obligation 22 secured by a security interest in or an agricultural lien on the 23 collateral:
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Related to Manufactured-home transaction

  • Manufactured home means a structure, transportable in one or more sections, which is built on a permanent chassis and is designed for use with or without a permanent foundation when attached to the required utilities. The term "manufactured home" does not include a "recreational vehicle".

  • Manufactured home park means any tract of land upon which three or more manufactured or mobile homes used for habitation are parked, either free of charge or for revenue purposes, and includes any roadway, building, structure, vehicle, or enclosure used or intended for use as a part of the facilities of the park. "Manufactured home park" does not include any of the following:

  • Consumer-goods transaction means a consumer transaction in which:

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Manufactured dwelling park means a place where four or more manufactured dwellings

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Consumer transaction means a transaction in which (i) an individual incurs an obligation primarily for personal, family, or household purposes, (ii) a security interest secures the obligation, and (iii) the collateral is held or acquired primarily for personal, family, or household purposes. The term includes consumer-goods transactions.

  • Regulated motor vehicle surface means any of the following, alone or in combination:

  • Suspicious transaction means a “transaction” as defined below, including an attempted transaction, whether or not made in cash, which, to a person acting in good faith: