{"data":{"id":"us-ky/krs-154.12-325","jurisdiction":"us-ky","citation":"KRS 154.12-325","heading":"Definitions for KRS 154.12-325 and 154.12-330.","body":"As used in KRS 154.12-325 and 154.12-330:\n(1) \"Affiliate\" has the same meaning as provided in KRS 154.22-010(2);\n(2) \"Full-time employee\" means a person employed for a minimum of thirty -five (35)\nhours per week and subject to the tax imposed by KRS 141.020;\n(3) \"Service or technology\" has the same meaning as provided in KRS 154.24 -010(19)\nand shall include regional or headquarters operations of an entity engaged in the\ndefined activities, but shall not include work involving direct service to the public\npursuant to a license issued by the state or an association that issues licenses in lieu\nof the state; and\n(4) \"Small business\" means any business entity organized for profit, including a sole\nproprietorship, partnership, limited partnership, corporation, lim ited liability\ncompany, joint venture, association, or cooperative, that has fifty (50) or fewer full -\ntime employees at the time it applies for a loan under KRS 154.12-330 and is not an\naffiliate or subsidiary of a larger corporate structure, unless the to tal number of\nemployees of all the affiliates and subsidiaries within that structure is fifty (50) or\nfewer.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=2660","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:52Z","sha256":"5357798691f1b0e403ac788b658833be9fb89c1f33bd6775e3259a47f17d23b9","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.12-320","next":"us-ky/krs-154.12-330"},"notice":"GroundRules: Original legal text. Not legal advice."}