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2006 Utah Code - 13-32a-102 — Definitions.

     13-32a-102.   Definitions.
     As used in this chapter:
     (1) "Account" means the Pawnbroker Operations Restricted Account created in Section 13-32a-113.
     (2) "Board" means the Pawnshop Advisory Board created by this chapter.
     (3) "Central database" or "database" means the electronic database created and operated under Section 13-32a-105.
     (4) "Division" means the Division of Consumer Protection in Title 13, Chapter 1, Department of Commerce.
     (5) "Identification" means a form of positive identification issued by a governmental entity that:
     (a) contains a numerical identifier and a photograph of the person identified; and
     (b) may include a state identification card, a state drivers license, a United States military identification card, or a United States passport.
     (6) "Local law enforcement agency" means the law enforcement agency that has direct responsibility for ensuring compliance with central database reporting requirements for the jurisdiction where the pawnshop is located.
     (7) "Misappropriated" means stolen, embezzled, converted, obtained by theft, or otherwise appropriated without authority of the lawful owner.
     (8) "Original victim" means a victim who is not a party to the pawn transaction.
     (9) "Pawnbroker" means a person whose business engages in the following activities:
     (a) loans money on one or more deposits of personal property;
     (b) deals in the purchase, exchange, or possession of personal property on condition of selling the same property back again to the pledgor or depositor;
     (c) loans or advances money on personal property by taking chattel mortgage security on the property and takes or receives the personal property into his possession, and who sells the unredeemed pledges; or
     (d) engages in a licensed business enterprise as a pawnshop.
     (10) "Pawn ticket" means a document upon which information regarding a pawn transaction is entered when the pawn transaction is made.
     (11) "Pawn transaction" means an extension of credit in which an individual delivers property to a pawnbroker for an advance of money and retains the right to redeem the property for the redemption price within a fixed period of time.
     (12) "Pawnshop" means the physical location or premises where a pawnbroker conducts business.
     (13) "Pledgor" means a person who conducts a pawn transaction with a pawnshop.
     (14) "Property" means any tangible personal property.
     (15) "Register" means the record of information required under this chapter to be maintained by the pawnbroker. The register is an electronic record that is in a format that is compatible with the central database.

Amended by Chapter 290, 2006 General Session

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