3-7-1: DEFINITIONS:
For the purposes of this chapter, the following terms, phrases, words and derivations shall have the meanings given herein. When not inconsistent with the context, words used in the present tense include the future tense, words in the plural number include the singular number, and words in the singular number include the plural number. The word "shall" is always mandatory and not merely directory. Words used throughout this chapter, but not defined herein or in chapter 1, article A of this title, shall have their plain, ordinary and common meaning. Words in any gender shall apply to the feminine, masculine and neuter genders.
CHATTEL MORTGAGE: A transfer of a legal right in personal property as security for payment of money.
CITY: City of Boise City, Idaho.
DEPOSIT: A delivery of goods or property to be held in trust as security for payment of money. Also includes the term bailment.
MONEY: United States currency, money orders, certified checks, traveler's check and any other circulating medium of exchange.
PAWNBROKER: A person whose business is to lend money on security of personal property deposited with him or pledged to him. A person licensed to conduct such business in Boise City.
PAWNSHOP: The room, store or place licensed as the business location for a pawnbroker in Boise City.
PERSON: Any natural person, individual, firm, partnership, joint venture, association, corporation, trust or any other group acting as a unit.
PERSONAL PROPERTY: All property subject to ownership, except real estate.
PLEDGE: A promise to deliver goods or property as security for payment of money.
REGULATED TRANSACTION: A business dealing conducted by a pawnbroker or designee that is regulated by this chapter. (1952 Code § 5-16-01; amd. 2019 Code)