Veteran.— Person declared as such, as provided in Act No. 203-2004.Small business.— A business in which one or more veterans, or an eligible surviving spouse, own at least fifty-one percent (51%) thereof or fifty-one percent (51%) of the shares thereof;A business where the daily management and operations are controlled on a full-time basis by one or more veterans, or an eligible surviving spouse, or in the case of veterans with severe or permanent disabilities, the spouse or guardian of said veteran;A business that complies with the small businesses criteria established by the Government of Puerto Rico and applicable to the code identified in the application form of the 'North American Industry Classification System' (NAICS); andA business whose ownership and control has been verified and entered into the database or registry of the Veteran-Owned Small Business Verification Guidelines Program.Service-disabled veteran.— Refers to a veteran with a service-connected disability. History —June 13, 2012, No. 113, § 3.
Puerto Rico Legal Code