Section 89-BBB. Definitions  


Latest version.
  • 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.
        5.  "Board"  means  the armored car carrier advisory board established
      pursuant to the provisions of section eighty-nine-mmm of this article.
        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.