560.86 Definitions.

560.86

SUBCHAPTER VIII
AMERICAN INDIAN ECONOMIC DEVELOPMENT
560.86 Definitions. In this subchapter:

560.86(1)

(1) "American Indian" means a person who is recognized by a tribal governing body as a member of an Indian tribe.

560.86(4)

(4) "Indian business" means a sole proprietorship, partnership, limited liability company, joint venture or corporation that satisfies all of the following requirements:

560.86(4)(a)

(a) Is at least 51% owned, controlled and actively managed by American Indians.

560.86(4)(b)

(b) Is currently performing a useful business function.

560.86(5)

(5) "Indian reservation" means a reservation as defined in s. 139.30 (9).

560.86(6)

(6) "Indian tribe" means a federally recognized American Indian tribe or band in this state.

560.86(7)

(7) "Targeted program" means a program or form of assistance available to an American Indian, an Indian business or an Indian tribe that is administered by a state agency and that relates to any of the following:

560.86(7)(a)

(a) Economic development.

560.86(7)(b)

(b) Community development.

560.86(7)(c)

(c) Increasing employment among American Indians.

560.86(7)(d)

(d) Minority business certification under s. 560.036.

560.86(7)(e)

(e) Any other program or form of state assistance which the department considers relevant to American Indians, Indian businesses or Indian tribes.

560.86(8)

(8) "Tribal enterprise" means a business that is all of the following:

560.86(8)(a)

(a) At least 51% owned and controlled by the governing body of one or more Indian tribes.

560.86(8)(b)

(b) Actively managed by the governing body, or the designee of the governing body, of one or more Indian tribes.

560.86(8)(c)

(c) Currently performing a useful business function.

560.86(9)

(9) "Tribal governing body" means the elected governing body of an Indian tribe.

560.86 - ANNOT.

History: 1991 a. 39 ss. 3434g, 3463m; 1993 a. 112.