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 (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 CFR 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.]
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