§ 50-1. Definitions.

(1)

Jewelry includes stones removed from a mounting.

(2)

Personal identification certificate means a certificate issued by the Texas Department of Public Safety under Article 6687b, Vernon's Texas Civil Statutes.

(3)

Power tools include pneumatic equipment and welding equipment.

(4)

Purchase means a transaction in which a person takes title to regulated property in exchange for valuable consideration.

(5)

Crafted precious metals include jewelry, silverware, art objects, or any other thing or object made, in whole or in part, from gold, silver, platinum, palladium, iridium, rhodium, osmium, ruthenium, or their alloys except coins minted by any government.

(6)

Authorized vendor means a commercial supplier who deals in the wholesale distribution of regulated property in the ordinary course of business.

(7)

Regulated property means new or used:

(a)

Electronic equipment;

(b)

Business machines;

(c)

Photographic equipment;

(d)

Power tools;

(e)

Musical instruments;

(f)

Firearms;

(g)

Jewelry; or

(h)

Crafted precious metals.

(Ord. No. 3634, § 1, 4-9-81)