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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 74, § 74-85.45b: Definitions

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Where this section sits in the code
  1. OK Code
  2. Title 74

For purposes of the Oklahoma Minority Business Enterprise

Assistance Act:

1. "Minority" means a person who is a lawful resident of the

State of Oklahoma and who is:

a. Black (a person having origins in any of the black

racial groups of Africa),

b. Hispanic (a person of Mexican, Puerto Rican, Cuban,

Central or South American descent),

c. Asian American (a person having origins in any of the

original peoples of the Far East, Southeast Asia, the

Indian subcontinent, or the Pacific Islands), or

d. American Indian and Alaskan Native (a person having

origins in any of the original peoples of North

America);

2. "Minority business enterprise" means a small business

concern, as defined pursuant to Section 3 of the Small Business Act

and implementing regulations, which is owned and controlled by one

or more minorities and is authorized to do and is doing business

under the laws of this state, paying all taxes duly assessed, and

domiciled within this state. "Owned and controlled" means a

business:

a. which is at least fifty-one percent (51%) owned by one

or more minorities or, in the case of a publicly owned

business, at least fifty-one percent (51%) of all

classes or types of the stock is owned by one or more

minorities, and

b. whose management and daily business operations are

controlled by one or more such individuals;

3. "Office" means the Office of Management and Enterprise

Services; and

4. "Person" means an individual, sole proprietorship,

partnership, association, or corporation.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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