18-2417. DEFINITIONS. 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;
(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.
History:
[18-2417, added 2000, ch. 130, sec. 1, p. 306.]