As used in this chapter, "industrialized residential structure" means a structure that is:

1. (1) an industrialized building system (as defined in IC 22-12-1-14 ) certified under IC 22-15-4-1 ;
2. (2) a Class 2 structure (as defined in IC 22-12-1-5 (a)(1));
3. (3) intended for placement on a permanent foundation; and
4. (4) constructed in conformance with the applicable edition of the Indiana Residential Code (675 IAC 14).

As added by P.L.139-2007, SEC.2.