13-1-88. Definition; small business.
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/nm/chapter-13-public-purchases-and-property/article-1-procurement/13-1-88·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
"Small business" means a business, not a subsidiary or division of another business, having an average annual volume for the preceding three fiscal years which does not exceed one million five hundred thousand dollars ($1,500,000).
History: Laws 1984, ch. 65, § 61.