(a) The Oklahoma Department of Commerce shall certify a business which meets the eligibility requirements of this chapter as a women-owned business. Such certification shall remain in effect for five (5) years unless one of the following conditions should occur:
- (1) There is a change in ownership or daily management to persons other than those upon whom certification was based; or
- (2) The business exceeds "small business" size standards for their industry as defined by 15 U.S.C., Section 632; or
- (3) The business ceases to exist as an independent operation; or
- (4) There is any change which if it had occurred before certification would have prevented the applicant from being certified by the Department.
- (b) Any person that has been certified as a women-owned business by the Department may apply for recertification prior to the expiration of its current certification.
- (c) Any person that has "its" certification revoked pursuant to the provisions of this section may reapply for certification at such time as the person again becomes eligible for a certification.
Added at 9 Ok Reg 1803, eff 6-1-92