Louisiana Administrative Code › Title 19 - CORPORATION AND BUSINESS › Part IX - The Veteran Initiative › Subpart 1 - Certification Program › Chapter 1 - General Provisions › Section IX-105 - Definitions

Current through Register Vol. 50, No. 6, June 20, 2024
A. Terms not
				  otherwise defined in this Chapter shall have the same meaning given to them in
				  R.S.
				  39:2171 et seq., unless the context clearly
				  requires otherwise.
B. In this
				  Chapter, the following terms shall have the meanings provided herein, unless
				  the context clearly indicates otherwise.
Applicant
- an individual, firm or business
					 that seeks to be certified as a "Veteran-owned small entrepreneurship" or
					 "Service-connected disabled veteran-owned small entrepreneurship."
Certification
- the determination and
					 acknowledgement that a business qualifies for designation as a "veteran-owned
					 small entrepreneurship" or "service-connected disabled veteran-owned small
					 entrepreneurship."
Designee
- the person designated by the
					 secretary or by the director to act in his absence.
Director
- the Director of the Louisiana
					 Initiative for Veteran and Service-Connected Disabled Veteran-Owned Small
					 Entrepreneurships Certification Program (the Veteran Initiative) designated by
					 the Secretary of the Department of Economic Development.
Firm
- a business that seeks to be or that
					 has been certified as a "veteran-owned small entrepreneurship" or
					 "service-connected disabled veteran-owned small entrepreneurship."
Full Time
- employed and working in the
					 firm at least 35 hours per week on a regular basis.
Program
- the Louisiana Initiative for
					 Veteran and Service-Connected Disabled Veteran-Owned Small Entrepreneurships
					 Certification Program (the Veteran Initiative) in the Department of Economic
					 Development.
Secretary
- the Secretary of the Department
					 of Economic Development.
Service-Connected Disabled Veteran-owned Small
					 Entrepreneurship (SDVSE)
- any corporation, partnership, individual,
					 sole proprietorship, joint stock company, joint venture, or any other legal
					 entity which has not less than 51 percent ownership by a veteran of the United
					 States Armed Forces with a state-connected disability, and meets the criteria
					 for certification by the secretary of the department of Economic Development,
					 pursuant to
					 R.S.
					 39:2176. Service-connected disability will be
					 ascertained with appropriate documents from the United States Department of
					 Veterans Affairs or the Louisiana Department of Veterans Affairs.
Small Entrepreneurship (SE)
- any business
					 or firm organized for profit, including any corporation, partnership,
					 individual, sole proprietorship, joint stock company, joint venture, or any
					 other legal entity which meets all of the requirements for certification by the
					 Secretary of the Department of Economic Development as specified in
					 R.S.
					 39:2006(A).
Veteran-Owned Small Entrepreneurship
					 (VSE)
- any corporation, partnership, individual, sole proprietorship,
					 joint stock company, joint venture, or any other legal entity which has not
					 less than fifty-one percent ownership by a veteran of the United States Armed
					 Forces, and meets the criteria for certification by the secretary of the
					 Department of Economic Development, pursuant to
					 R.S.
					 39:2176.
AUTHORITY NOTE:
					 Promulgated in accordance with
					 R.S. R.S.
					 39:2006,
					 R.S.
					 39:2171 et seq. and
					 R.S.
					 51:931.