Cal. Code Regs. tit. 2 § 1896.50

Current through Register 2024 Notice Reg. No. 41, October 11, 2024

Section 1896.50 - Small Business Definitions

For the purpose of determining whether a business qualifies for the penalty established by Government Code Section 926.15, the following definitions of small business shall apply:

(a) "Small Business," as used with regard to a construction contractor, means an individual or enterprise qualifying for the small business preference under Title 2, Subchapter 8, Section 1896 (l) of this code.

(b) "Small Business," as used with regard to an agreement for the purchase, lease or rental (with option to purchase) of goods, means an individual or enterprise qualifying for the small business preference under Title 2, Subchapter 8, Section 1896(m) of this code.

(c) "Small Business" as used with regard to a Service firm means an individual or enterprise qualifying for the small business preference under Title 2, Subchapter 8, Section 1896(n) of this code.

Cal. Code Regs. Tit. 2, § 1896.50

1. New Subchapter 10 (Sections 1896.50 and 1896.51) filed 6-7-83; designated effective 6-8-83 pursuant to Government Code Section 11346.2(d) (Register 83, No. 24).
2. Amendment filed 10-7-85; effective upon filing pursuant to Government Code Section 11346.2(d) (Register 85, No. 41).

Note: Authority cited: Sections 926.15(e) and 14843, Government Code. Reference: Sections 926.15 and 14839.1, Government Code; and Sections 1896(l), (m) and (n), California Administrative Code; and Section 1101, Public Contract Code.