Sec. 121. (a) Except as otherwise provided in subsection (b), “owner” means a person, other than a lienholder, that:

(1) holds the property in or title to, as applicable, a vehicle, manufactured home, mobile home, off-road vehicle, snowmobile, or watercraft; or

Terms Used In Indiana Code 9-13-2-121

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
(2) is entitled to the use or possession of, as applicable, a vehicle, manufactured home, off-road vehicle, snowmobile, or watercraft, through a lease or other agreement intended to operate as a security.

     (b) “Owner” for purposes of IC 9-18.1-14.5, has the meaning set forth in 33 C.F.R. § 174.3.

[Pre-1991 Recodification Citations: subsection (a) formerly 9-1-1-2(o); 9-7-3-1(a) part; subsection (b) formerly 9-2-1-2 part; 9-4-1-11 part; subsection (c) formerly 9-9-1.1-2 part.]

As added by P.L.2-1991, SEC.1. Amended by P.L.71-1991, SEC.7; P.L.125-2012, SEC.18; P.L.259-2013, SEC.6; P.L.198-2016, SEC.142; P.L.164-2020, SEC.32.

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