SECTION 150:60-1-2. Definitions

Latest version.

  The following words or terms when used in this chapter shall have the following meanings, unless the context clearly indicates otherwise:
"Department" means the Oklahoma Department of Commerce.
"Person" means an individual, sole proprietorship, partnership, association or corporation.
"Women-owned business" means a small business concern as defined in 15 U.S.C., Section 632,
(A)   which is at least fifty-one percent (51%) owned by one or more women or in the case of a publicly owned business, at least fifty-one percent (51%) of all classes or types of the stock is owned by one or more women, and
(B)   whose management and daily business operations are controlled by one or more women.

[Source: Added at 9 Ok Reg 1803, eff 6-1-92]

                    
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