Idaho Code 18-2417 – Definitions
Current as of: 2023 | Check for updates
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As used in the unused merchandise ownership protection act:
(1) "Open market" may include a "swap meet," an "indoor swap meet" or a "flea market" and means an event at which two (2) or more persons offer personal property for sale or exchange and either:
(a) A fee is charged for those persons selling or exchanging personal property or a fee is charged to the public for admission to the event; or
(b) The event is held more than two (2) times in a twelve (12) month period;
Terms Used In Idaho Code 18-2417
- Month: means a calendar month, unless otherwise expressed. See Idaho Code 73-114
- person: includes a corporation as well as a natural person;
Idaho Code 73-114Personal property: includes money, goods, chattels, things in action, evidences of debt and general intangibles as defined in the uniform commercial code — secured transactions. See Idaho Code 73-114 Personal property: All property that is not real property. Property: includes both real and personal property. See Idaho Code 73-114
(2) "Unused merchandise" means tangible personal property that, since its original production or manufacturing, has never been used or consumed and, if placed in a package or container, is still in its original and unopened package or container; and
(3) "Vendor of unused merchandise" means a person who offers unused merchandise for sale or exchange at an open market.