LegalFix

89-BBB - Definitions.

NY Gen Bus L § 89-BBB (2019) (N/A)
Copy with citation
Copy as parenthetical citation

§ 89-bbb. Definitions. When used in this article, the following terms shall have the following meanings:

1. "Commissioner" means the commissioner of the division of criminal justice services.

2. "Division" means the division of criminal justice services.

3. "Secretary" means the secretary of state.

4. "Department" means the department of state.

6. "Armored car carrier" means any individual, partnership, association, limited liability company, corporation, or any other entity, engaging in the business of providing armored car services for hire.

7. "Armored car services" means engaging in the business of providing secured transportation, protection and safeguarding of valuable cargo from one place or point to another, including the provision of cash services for automated teller machines, by means of specially designed and constructed bullet-resistant armored vehicles and armored car guards.

8. "Armored car guard" has the meaning ascribed to that term by subdivision eight of section eighty-nine-ppp of this chapter.

9. "Valuable cargo" means money, cash, currency, coin, bullion, precious metals and articles made therefrom, gems and jewelry, negotiable and non-negotiable securities, bonds, notes, checks, drafts, coupons, or other valuable instruments, documents or certificates, including tapes, computer disks, or other electronic or magnetic media, U.S. Postage Stamps, food stamps, and other articles of unusual value.

10. "Licensee" means an armored car carrier that has been issued a license in accordance with the provisions of this article.

11. "Principal" means any person controlling an interest greater than ten percent of an armored car carrier.

12. "Officer" means the four primary officers of a corporation, normally defined as president, vice-president, secretary and treasurer.

13. "Serious offense" has the meaning ascribed to that term by subdivision thirteen of section eighty-nine-f of this chapter.

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
89-BBB - Definitions.