As used in Sections 254.2 through 254.5 of this title:

1. 1. "Agreement" means any written or oral contracts or agreements between a dealer and a manufacturer which grants the dealer the right to sell new aircraft manufactured by the manufacturer and either sell aircraft parts or to perform service, maintenance, or warranty work for the manufacturer in connection therewith and were in effect prior to July 1, 2007, and all revisions, modifications, extensions, amendments and replacements of such agreements;
2. 2. "Dealer" means any dealer, licensee, franchisee, or other authorized representative of an aircraft manufacturer which is authorized by an aircraft manufacturer to sell new aircraft and either sell parts or perform service, maintenance or warranty work for the aircraft manufacturer incorporated in this state prior to July 1, 2007, and all successors and assigns thereof together with all persons who purchase assets, business or ownership thereof;
3. 3. "Manufacturer" means a manufacturer or distributor of new aircraft; and
4. 4. "New aircraft" means a newly manufactured aircraft in its entirety.

Laws 2004, HB 2494, c. 286, § 1, eff. November 1, 2004; Amended by Laws 2005, SB 902, c. 107, § 1, eff. November 1, 2005 (superseded document available); Amended by Laws 2007, SB 622, c. 198, § 1, emerg. eff. July 1, 2007 (superseded document available).