IC 5-28-2-6: "Small business"

Sec. 6. For purposes of IC 5-28-17, "small business" means a business entity that satisfies the following requirements:

(1) On at least fifty percent (50%) of the working days of the business entity occurring during the preceding calendar year, the business entity employed not more than one hundred fifty (150) employees.

(2) The majority of the employees of the business entity work in Indiana.