§ 42-64.25-1 Short title
§ 42-64.25-2 Statement of intent
§ 42-64.25-3 Establishment of small business capital access fund
§ 42-64.25-4 Qualifications of lending organizations
§ 42-64.25-5 Program loan structures
§ 42-64.25-6 Micro-loan allocation
§ 42-64.25-7 Lending organization reports
§ 42-64.25-8 Audits
§ 42-64.25-9 Termination
§ 42-64.25-10 Discretion
§ 42-64.25-11 Limitations
§ 42-64.25-12 Reporting requirements
§ 42-64.25-13 Program integrity
§ 42-64.25-14 Sunset
lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Rhode Island General Laws > Chapter 42-64.25 - Small Business Assistance Program

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • small business: means a business that is resident in Rhode Island and employs two hundred (200) or fewer persons. See Rhode Island General Laws 42-64.25-3