7.09.020 Definitions

"amount financed" is the amount loaned or advanced.

"appropriate law enforcement official" means an officer of the Saint Regis Mohawk Police Department.

"claimant" means a person who claims that his or her property was misappropriated.

"default date" means the date upon which the pledgor's right of redemption expires and absolute right, title and interest in and to the pledged goods shall vest in and shall be deemed conveyed to the pawnbroker by operation of law.

"identification" means a government-issued photographic identification.

"misappropriated" means stolen

"pawn" means any advancement of funds on the security of pledged goods on condition that the pledged goods are left in the possession of the pawnbroker for the duration of the pawn and may be redeemed by the pledgor on the terms and conditions agreed to.

"pawnbroker" means any person engaged in the business of loaning money on the security of deposits or pledges of personal property; or dealing in the purchase of personal property on condition of selling back at a stipulated price.

"pawnbroker transaction form" means the instrument on which a pawnbroker records pawns and purchases.

"pawn service charge" means a charge for investigating title, storage, and insuring of the security; closing the transaction; making reports to appropriate law enforcement officials; expenses and losses; and all other services.

"pawnshop" means the location at which a pawnbroker conducts business.

"person" means an individual, partnership, corporation, joint venture, trust, association, or other legal entity.

"pledged goods" means tangible personal property that is deposited with or delivered into the possession of a pawnbroker in connection with a pawn. It does not include titles or any other form of written security in tangible property in lieu of actual possession, including certificates of title evidencing title to separate items of property, including motor vehicles. The pledgor's interest in pledged goods during the pendency of a pawn is the right of redemption only.

"pledgor" means an individual who delivers pledged goods into the possession of a pawnbroker in connection with a pawn.

"purchase" means the transfer and delivery of goods, by a person other than a permitted vendor, to a pawnbroker by acquisition for value, consignment or trade for other goods.

"weapons" may include but is not limited to a firearm silencer, firearms of any kind, disguised or not, switchblade knife, gravity knife, pilum ballistic knife, metal knuckle knife, rifle, shotgun, cane sword, chuka stick or nunchakus, electronic dart gun, Kung Fu or Ninja stars, electronic stun guns, armor piercing ammunition, or any ammunition of any kind.