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Statutes Text

Article - State Finance and Procurement




§14–601.

    (a)    In this subtitle the following words have the meanings indicated.

    (b)    “Veteran” means an individual who is verified to be a veteran, as defined in § 9–901 of the State Government Article.

    (c)    “Veteran–owned small business enterprise” means a for–profit business that:

        (1)    meets the size standards adopted by the United States Small Business Administration in 13 C.F.R. 121.201 and any subsequent revision of that regulation; and

        (2)    is at least 51% owned by one or more individuals who:

            (i)    are veterans; and

            (ii)    control the management and daily operations of the business.



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