Manufactured-home transaction definition

Manufactured-home transaction means a secured transaction:
Manufactured-home transaction means a secured
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.

More Definitions of Manufactured-home transaction

Manufactured-home transaction. ’ means a secured transaction:
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.
Manufactured-home transaction means a secured transaction that satisfies either of the following:
Manufactured-home transaction. MEANS A SECURED TRANSACTION:
Manufactured-home transaction. ’ means a secured
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:
Manufactured-home transaction means a secured 642 transaction: