In this chapter:
(1) "Aircraft" means a self-propelled motor vehicle that can be used to transport a person by flight in the air.
(2) "Repossession" means the recovery of an aircraft that has been sold under a security agreement containing a repossession clause authorizing the lender to recover the aircraft if the borrower defaults under the agreement.
(3) "Repossession agent" means an individual who is authorized to engage in a repossession for a lender.