Is Cal. Bus. & Prof. Code § 18000 — MICROENTERPRISES still in force?

Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 18000 — MICROENTERPRISES

Cal. Bus. & Prof. Code § 18000

Type: Statute
Source: California Business and Professions Code
Jurisdiction: California
Date: 2015-01-01
Current through: Nov 2, 2026 (California Legislative Counsel)

(a) For purposes of this part, “microenterprise” means a sole proprietorship, partnership, limited liability company, or corporation that meets both of the following requirements:

Citator

Cal. Bus. & Prof. Code § 18000 — MICROENTERPRISES is in force in the current edition of the Code, and nothing recorded condemns it.

(a) For purposes of this part, “microenterprise” means a sole proprietorship, partnership, limited liability company, or corporation that meets both of the following requirements:

(1) Has five or fewer employees, including the owner, who may be part time or full time.

(2) Generally lacks sufficient access to loans, equity, or other financial capital.

(b) For purposes of this part, “microenterprise development provider” means a nonprofit organization or public agency that provides self-employment training, technical assistance, and access to microloans to individuals seeking to become self-employed or to a microenterprise seeking to expand its current business.