§ 129.300. What definitions are important in this subpart?
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/us/cfr/t13/s§ 129.300·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Covered period means:
(1)In the case of a Puerto Rico business, the period beginning on August 13, 2018 and ending on the date which the Oversight Board established under section 101 of the Puerto Rico Oversight, Management, and Economic Stability Act (48 U.S.C. 2121) terminates. 15 U.S.C. 636(j)(13)(F)(iii); or
(2)In the case of a Covered territory business, the period beginning on January 1, 2021, the period ending on January 1, 2025. 15 U.S.C. 636(j)(13)(f)(iii). Covered territory business means a small business concern that has its principal office located in one of the following:
(1)The United States Virgin Islands;
(2)American Samoa;
(3)Guam; or
(4)The Commonwealth of the Northern Mariana Islands. Located in Puerto Rico means a concern with a physical location in Puerto Rico and organized under the laws of Puerto Rico. \[85 FR 69125, Nov. 2, 2020, as amended at 87 FR 50927, Aug. 19, 2022\]
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