(a) "Construction, erection, alteration or reparation" and "constructed, erected, altered or repaired," as used in this chapter, means excavation and demolition preparatory to actual construction, erection, alteration, or reparation, except where used in the phrase "actual and visible commencement, by excavation or otherwise, of such construction, erection, alteration or reparation," in §§ 34-28-7 and 34-28-10, which phrase shall be construed to include the excavation or otherwise, but not demolition.
(b) "Mortgage" as used in this chapter means construction mortgages, so called, which are given to secure the payment of a sum certain which is to be advanced at stated times or intervals.
(c) "Person" as used in this chapter means corporations, partnerships, or other organizations or entities, except that the words "individual person" means only a natural person.
History of Section.
P.L. 1965, ch. 235, § 1; P.L. 1966, ch. 197, § 5.