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§ 5.95.010 — Definitions

Riverside Municipal Code (Supp. No. 33: codified through Ordinance No. 7776, enacted June 23, 2026) · Riverside Municipal Code § 5.95.010

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5.95.010 - Definitions.

For the purpose of this chapter, the following words and terms shall have the following meaning: A. Arm's length transaction shall mean a sale in good faith and for valuable consideration that reflects the fair market value in the open market between two informed and willing parties, neither under any compulsion to participate in the transaction. A sale between relatives, related companies or partners, or a sale for which a significant purpose is avoiding the effect of the violations of this chapter is not an arm's length transaction. B. Authorized address shall mean the address provided by a proprietor to receive all license-related communications and notices. C. Certificate of eligibility shall have the same meaning as defined in section 26710 of the California Penal Code. D. Federal firearm's license shall mean a license issued pursuant to 18 U.S. Code, Chapter 44. E. Firearm shall have the same meaning as defined in section 16520 of the California Penal Code. F. Firearm dealer means any person, firm or corporation who sells or otherwise transfers to the public any pistol, revolver, rifle, shotgun, or other firearm, including those persons required by Section 26500 (a) of the California Penal Code to obtain a license under California Penal Code Section 26700. Firearm dealer also includes any person, firm or corporation who purchases, takes in trade or accepts on consignment from the public any firearm of any type, including, but not limited to, pistols, revolvers, rifles and shotguns. G. Licensee shall mean a person who has satisfied all of the requirements listed in California Penal Code section 26700. H. Officers, employees and agents of firearm dealers shall mean those persons who directly participate in firearm sale transactions and are subject to the requirements listed in California Penal Code section 26915. I. Proprietor shall mean a person with an ownership or managerial interest in a business. An ownership interest shall be deemed to exist when a person has a ten percent or greater interest in the stock, assets, or income of a business other than the sole interest of security for debt. A managerial interest shall be deemed to exist when a person can or does have or share ultimate control over the day-to-day operations of a business. J. Seller's permit shall mean a valid permit issued by the California Department of Tax and Fee Administration, authorizing the sales of tangible personal property at a specified location.

(Ord. 7757, § 139, 2026; Ord. 7580 § 1(Exh. A), 2022)