N.Y. General Business Law 875-A – Definitions
§ 875-a. Definitions. For the purposes of this article:
Terms Used In N.Y. General Business Law 875-A
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
1. "Dealer" means a gunsmith or dealers in firearms licensed pursuant to § 400.00 of the penal law.
2. "Dispose of" or "disposition of" means to give, give away, lease, lend, keep for sale, offer, offer for sale, sell, or transfer.
3. "Firearm" has the same meaning as that term is defined in subdivision three of § 265.00 of the penal law.
4. "Rifle" has the same meaning as that term is defined in subdivision eleven of § 265.00 of the penal law.
5. "Shotgun" has the same meaning as that term is defined in subdivision twelve of § 265.00 of the penal law.
6. "Straw purchase" means the purchase, or attempt to purchase, by a person of a firearm, rifle, shotgun or ammunition for, on behalf of, or for the use of another person known or unknown. The term shall not include a bona fide gift to a person who is not prohibited from possessing or receiving such a firearm. For purposes of this subdivision, a gift to a person shall not be a bona fide gift if the person has offered or given the purchaser a service or thing of value to acquire the firearm for the person.
7. "Superintendent" means the superintendent of state police.