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Current as of January 01, 2023 | Updated by FindLaw Staff
As used in this section and section 37.014:
(1) “Commission” refers to the Missouri minority business advocacy commission established under section 37.014;
(2) “Contract” means any contract awarded by a state agency for construction projects or the procurement of goods or services, including professional services;
(3) “Minority business enterprise” or “minority business” means an individual, partnership, corporation, or joint venture of any kind that is owned and controlled by one or more persons who are:
(a) United States citizens; and
(b) Members of a racial minority group;
(4) “Owned and controlled” means having:
(a) Ownership of at least fifty-one percent of the enterprise, including corporate stock of a corporation;
(b) Control over the management and day-to-day operations of the business; and
(c) An interest in the capital, assets, and profits and losses of the business proportionate to the percentage of ownership;
(5) “Racial minority group” means:
(a) Blacks;
(b) American Indians;
(c) Hispanics;
(d) Asian Americans; and
(e) Other similar racial minority groups;
(6) “State agency” refers to an authority, board, branch, commission, committee, department, division, or other instrumentality of the executive branch of state government.
Cite this article: FindLaw.com - Missouri Revised Statutes Title IV. Executive Branch § 37.013. Definitions - last updated January 01, 2023 | https://codes.findlaw.com/mo/title-iv-executive-branch/mo-rev-st-37-013/
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 or via Westlaw before relying on it for your legal needs.
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