As used in this chapter, "major structural defect" means actual damage to the load bearing part of a new home or model home, including actual damage due to:

1. (1) subsidence;
2. (2) expansion; or

3. (3) lateral movement;

   of the soil affecting the load bearing function, unless the subsidence, expansion, or lateral movement of the soil is caused by flood, earthquake, or some other natural disaster.

   [Pre-2002 Recodification Citation: 32-15-7-3.]

As added by P.L.2-2002, SEC.12. Amended by P.L.137-2023, SEC.4.