§ 134.607. How do I know which eligibility requirement applies to me?

154 words·~1 min read·/us/cfr/t13/s§ 134.607·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Follow this chart to determine your eligibility. You should calculate your net worth and the number of your employees as of the date the administrative proceeding was initiated. If your participation in the proceeding was: Eligibility requirements:

(1)As an individual rather than a business owner ``` ```

(1)Personal net worth may not exceed 2 million dollars.

(2)As owner of an unincorporated business ``` ```

(2)Personal net worth may not exceed 7 million dollars, and No more than 500 employees.

(3)As a partnership, corporation, association, organization, or unit of local government ``` ```

(3)Business net worth may not exceed 7 million dollars, and No more than 500 employees.

(4)As a charitable or other tax-exempt organization described in 26 U.S.C. 501(c)(3) or a cooperative association as defined in 12 U.S.C. 1141j(a) ``` ```

(4)No net worth limitations, and No more than 500 employees. ``` ``` ``` ``` ```

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§ 134.607

How do I know which eligibility requirement applies to me?

U.S.C.§ 501

U.S.C.§ 1141j

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