Section 25-10-1 – Short Title.

Section 25-10-1 Short title. This chapter shall be known and may be cited as “The Small Business Assistance Act of 1975.” (Acts 1975, No. 1229, p. 2582, §1.)

Section 25-10-10 – Liberal Construction of Chapter.

Section 25-10-10 Liberal construction of chapter. This chapter shall be liberally construed to carry out its purposes and objectives of assisting small businesses to successfully enter and remain in the economic mainstream and to otherwise achieve the statement of legislative policy contained herein. (Acts 1975, No. 1229, p. 2582, §8.)

Section 25-10-2 – Declaration of Public Policy and Legislative Intent.

Section 25-10-2 Declaration of public policy and legislative intent. The legislative intent of this chapter is declared to be as follows: The most important element of the American economic system of private enterprise is free and vigorous competition. Only through the existence of free and vigorous competition can free entry into business and opportunities for […]

Section 25-10-3 – Definitions.

Section 25-10-3 Definitions. For the purposes of this chapter, the following terms shall have the following meanings, respectively, unless the context clearly indicates a different meaning: (1) SMALL BUSINESS. A business which is independently owned and operated. In addition, such business must have either fewer than 50 employees or less than $1,000,000.00 in gross receipts […]

Section 25-10-4 – Powers and Duties of Department of Labor Generally.

Section 25-10-4 Powers and duties of Department of Labor generally. The department is authorized and empowered to: (1) Provide technical and managerial assistance to small business concerns, by advising and counseling on matters in connection with state procurement policies, practices of good management, including, but not limited to, cost accounting, methods of financing, business insurance, […]

Section 25-10-5 – Public Hearings; Powers of Department as to Witnesses, Records, Etc.

Section 25-10-5 Public hearings; powers of department as to witnesses, records, etc. In the administration of this chapter, the department shall have the power to conduct public hearings for the purposes of determining the law’s effectiveness, determining methods and standards of administration and to otherwise assist in carrying out the purposes of this chapter. The […]

Section 25-10-6 – Advisory Council.

Section 25-10-6 Advisory council. There is hereby created an advisory council to the department to be composed of representatives of designated small business enterprises to be named as follows: Five by the Governor, two each by the President of the Senate and the Speaker of the House of Representatives, and one by the secretary of […]

Section 25-10-7 – Reports and Recommendations of Department.

Section 25-10-7 Reports and recommendations of department. The department shall make a written report to the Governor, the President of the Senate, the Speaker of the House of Representatives, and the chairman of the Senate and House commerce committees at least once each year, such report to be made no later than December 1. The […]

Section 25-10-8 – Cooperation of Department With Federal Agencies; Adoption of Administrative Rules, Regulations, etc.; Cooperation of Other State Departments or Agencies With Department.

Section 25-10-8 Cooperation of department with federal agencies; adoption of administrative rules, regulations, etc.; cooperation of other state departments or agencies with department. In the administration of this chapter, the department shall cooperate to the fullest extent consistent with the provisions of this chapter with those agencies of the United States government whose programs are […]

Section 25-10-9 – Meaningful Percentage of Total Purchases of Articles, Services, etc., of State Departments or Agencies to Be Awarded, etc., to Small Businesses; Designation of Meaningful Percentage; Waiver of Requirements of Section.

Section 25-10-9 Meaningful percentage of total purchases of articles, services, etc., of state departments or agencies to be awarded, etc., to small businesses; designation of meaningful percentage; waiver of requirements of section. Notwithstanding the provisions of the state bid law or other conflicting statutes of this state, it is herewith provided: (1) It shall be […]