Indiana § 13-11-2-203.5 "Small business"

Indiana Statutes

§ 13-11-2-203.5 — "Small business"

Indiana § 13-11-2-203.5

Art. 11DEFINITIONS

This text of Indiana § 13-11-2-203.5 ("Small business") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 13-11-2-203.5 (2026).

Text

5.

(a)Except as provided in subsection

(b), "small business", for purposes of section 47.7 of this chapter, means a business that satisfies all the following:

(1)The business is independently owned and operated.

(2)The principal office of the business is located in Indiana.

(3)The business satisfies either of the following:

(A)The business has not more than:

(i)one hundred (100) employees; and

(ii)average annual gross receipts of ten million dollars ($10,000,000).

(B)If the business is a manufacturing business, the business does not have more than one hundred (100) employees.

(b)"Small business" does not include a business subject to electronic waste regulation under 329 IAC 16.

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5. (a) Except as provided in subsection
(b), "small business", for purposes of section 47.7 of this chapter,
means a business that satisfies all the following:
(1) The business is independently owned and operated.
(2) The principal office of the business is located in Indiana.
(3) The business satisfies either of the following:
(A) The business has not more than:
(i) one hundred (100) employees; and
(ii) average annual gross receipts of ten million dollars
($10,000,000).
(B) If the business is a manufacturing business, the business
does not have more than one hundred (100) employees.
(b) "Small business" does not include a business subject to
electronic waste regulation under 329 IAC 16.