(d)Principal owner is a person or entity which owns 20 percent or more of the small business.
(e)Substantial economic injury means an economic harm to the small business such that it cannot:
(1) Meet its obligations as they mature,
(2) Pay its ordinary and necessary operating expenses, or
(3) Market, produce or provide a product or service ordinarily marketed, produced or provided by the business. Loss of anticipated profits or a drop in sales is not considered substantial economic injury for this purpose.
Title 13 published on 2014-01-01
The following are only the Rules published in the Federal Register after the published date of Title 13.
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This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.