Definitions

6-27-201. Definitions. As used in this part 2, unless the context otherwise requires: (1) Attorney general includes an attorney general's designee acting within the scope of the designee's duties as an employee of the attorney general's office. (2) Firearm has the meaning set forth in section 18-1-901 (3)(h). (3) Firearm accessory means a device designed or adapted to be inserted into, attached to, or used with a firearm if the device alters: (a) The firing capabilities of the firearm; (b) The lethality of the firearm; or (c) The shooter's ability to hold or use the firearm. (4) Firearms merchant means a business that: (a) Is physically located in Colorado; (b) Acquires and sells firearms, firearm accessories, and firearm ammunition with the intention of making a profit; and (c) Has its highest gross revenue or expected gross revenue from the combined sale in Colorado of firearms, firearm accessories, or firearm ammunition, as stated by the business to its merchant acquirer in the ordinary course of business. (5) Merchant acquirer means a person with a relationship with a merchant for the purposes of processing credit, debit, or prepaid transactions. (6) Merchant category code for firearms or code means the merchant category code for firearms and ammunition businesses established by the International Organization for Standardization on September 9, 2022. (7) Payment card network means a person that provides services to route transactions between bank participants to conduct debit, credit, or prepaid transactions for the purposes of authorization, clearance, or settlement. Source: L. 2024: Entire part added, (SB 24-066), ch. 141, p. 518, � 1, effective August 7.