Sec. 1. As used in this chapter, “small business” means a business that:

(1) is independently owned and operated;

(2) is not dominant in its field of operation; and

(3) satisfies the criteria in the rules adopted under section 3 of this chapter.

As added by P.L.49-1997, SEC.1. Amended by P.L.90-2013, SEC.1; P.L.15-2020, SEC.14.