Terms Used In South Carolina Code 59-150-120

• Board: means the Board of Commissioners of the South Carolina Lottery Commission. See South Carolina Code 59-150-20
• Commission: means the South Carolina Lottery Commission. See South Carolina Code 59-150-20
• Minority business: means a business which meets the definition of a socially and economically disadvantaged small business as described in Article 21, Chapter 35 of Title 11, specifically a small business concern which:
  
  (a) is at least fifty-one percent owned by one or more citizens of the United States who are determined to be socially and economically disadvantaged;
  
  (b) in the case of a concern which is a corporation, at least fifty-one percent of all classes of voting stock of such corporation is owned by an individual determined to be socially and economically disadvantaged; or
  
  (c) in the case of a concern which is a partnership, at least fifty-one percent of the partnership interest is owned by an individual or individuals determined to be socially and economically disadvantaged or whose management and daily business operations are controlled by individuals determined to be socially and economically disadvantaged. See South Carolina Code 59-150-20