Missouri § 37.013 - Definitions.

§ 37.013. Definitions.

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.

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(L. 1984 S.B. 468 § 1, A.L. 1993 H.B. 566, A.L. 2014 H.B. 1299 Revision)

Transferred 2014; formerly 33.750

---- end of effective  28 Aug 2014 ----

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