La. Admin. Code tit. 19 § VIII-105

Current through Register Vol. 50, No. 11, November 20, 2024
Section VIII-105 - Definitions
A. When used in these regulations, the following terms shall have meanings as set forth below.

Applicant- an individual, firm or business that seeks to be certified as a small entrepreneurship.

Certification-the determination and acknowledgement that a business qualifies for designation as a small entrepreneurship.

Designee-the person designated by the secretary or by the director to act in his absence.

Director-the Director of the Small Entrepreneurship (Hudson Initiative) Certification Program designated by the Secretary of the Department of Economic Development.

Firm-a business that seeks to be or that has been certified as a small entrepreneurship.

Full Time-employed and working in the firm at least 35 hours per week on a regular basis.

Program- the Small Entrepreneurship (Hudson Initiative) Certification Program [SE (HI) Certification Program] in the Department of Economic Development.

Secretary-the Secretary of the Department of Economic Development.

Small Entrepreneurship (SE)-any business or firm organized for profit, including any corporation, partnership, individual, sole proprietorship, joint stock company, joint venture, or any other legal entity which meets all of the criteria for certification by the Secretary of the Department of Economic Development as specified in R.S. 39:2006(A), as it may be amended from time to time. A nonprofit organization is not a small entrepreneurship for purposes of this program.

La. Admin. Code tit. 19, § VIII-105

Promulgated by the Department of Economic Development, Office of the Secretary, LR 32:230 (February 2006).
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:2006 and R.S. 51:931.