10 Pa. Code § 39.1

Current through Register Vol. 54, No. 49, December 7, 2024
Section 39.1 - Definitions

The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:

Inventory financing-The financing of mobile home merchandise for licensed dealers. It is synonymous with wholesale or floor plan financing.

Mobile home-A movable dwelling constructed to be towed on its own chassis and under-carriage with minimum dimensions of 40 feet in length and 10 feet in width, and containing living facilities suitable for year-round occupancy by one family, including permanent provisions for eating, sleeping, cooking and sanitation.

Mobile home chattel paper-Written evidence of both a monetary obligation and a security interest of first priority in one or more mobile homes and in any equipment installed or to be installed therein.

Manufacturer's invoice price-A manufacturer's itemized charges, shown on the manufacturer's invoice, for a specifically identified mobile home, furnishings, equipment and accessories installed by the manufacturer, and freight.

10 Pa. Code § 39.1

The provisions of this § 39.1 amended April 25, 1980, effective 4/26/1980, 10 Pa.B. 1661.