Sec. 8-240o. Definitions.
77 words·~1 min read·
/ct/title-8/chapter-133a-community-economic-development-program/8-240oA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in sections 8-240p to 8-240s , inclusive, and 32-235 :
(1)“Community Economic Development Fund” means the entity established pursuant to subsection
(b)of section 8-240k to accomplish the community economic development program;
(2)“Microenterprise” means any business, new or existing, with ten or fewer employees and annual gross revenues of less than five hundred thousand dollars, including home-based and owner-operated businesses;
(3)“Program” means the microloan program for microenterprises established in section 8-240p .