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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 203.5. (a) Except as provided in subsection (b), “small business”, for purposes of section 47.7 of this chapter, means a business that satisfies all the following:
(1) The business is independently owned and operated.
(2) The principal office of the business is located in Indiana.
(3) The business satisfies either of the following:
(A) The business has not more than:
(i) one hundred (100) employees; and
(ii) average annual gross receipts of ten million dollars ($10,000,000).
(B) If the business is a manufacturing business, the business does not have more than one hundred (100) employees.
(b) “Small business” does not include a business subject to electronic waste regulation under 329 IAC 16.
Cite this article: FindLaw.com - Indiana Code Title 13. Environment § 13-11-2-203.5 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-13-environment/in-code-sect-13-11-2-203-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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