§ 324-1-C9. Control.  


Latest version.
  • "Control," as it relates to the control of a business by owners who are members of a minority group or women, means that such minority or women owners:

    (a)

    Possess and actively and continuously exercise the legal authority and power to direct or cause the direction of the management and policies of the business and to make day-to-day and long-term decisions for the business on matters of management, policy and operations;

    (b)

    Are not subject to any formal or informal restrictions that limit the discretion customarily within the purview of a business owner; and

    (c)

    Are not restricted, whether by agreement, by-laws, resolutions or other arrangements from making business decisions without the cooperation or vote of any owner who is not a minority or a woman.

(Ordained by Ord. No. 308-2015, § 1, eff. Jan. 1, 2016)