Statute · New York Economic Development Law
N.Y. Econ. Dev. Law § 131 — Definition of a small business
N.Y. Econ. Dev. Law § 131
- Type
- Statute
- Source
- New York Economic Development Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 131. Definition of a small business. For the purposes of this chapter, a small business shall be deemed to be one which is resident in this state, independently owned and operated, not dominant in its field and employs one hundred or less persons.
Citator
N.Y. Econ. Dev. Law § 131 — Definition of a small business is in force in the current edition of the Code, and nothing recorded condemns it.
§ 131. Definition of a small business. For the purposes of this chapter, a small business shall be deemed to be one which is resident in this state, independently owned and operated, not dominant in its field and employs one hundred or less persons.