§ 14-601
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/md/state-finance-and-procurement/14-601·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§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.