§ 14-601

Maryland § 14-601

• Jurisdiction: Maryland
• Article gsf: State Finance and Procurement
• Title: 14

Text

(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.