La. Admin. Code tit. 19 § I-103

Current through Register Vol. 50, No. 11, November 20, 2024

Section I-103 - Definitions

A. For the purpose of these rules and regulations the following words have the meanings indicated.

Control- exercising the power to make policy decisions.

Operate- being actively involved in the day-to-day management of the company.

Small Business- a business as defined by the Small Business Administration of the United States government which for the purposes of size eligibility or other factors meets the applicable criteria set forth in 13 Code of Federal Regulations, Part 121, as amended, and which has its principle place of business in Louisiana.

Women Owned Business- a business that is at least 51 percent owned by a woman or women who also control and operate it.

La. Admin. Code tit. 19, § I-103

Promulgated by the Office of the Governor, Division of Administration, Office of Women's Business Enterprise, LR 10:790 (October 1984).

AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1735.