The following words and terms have specific meaning as used in this chapter which may be different from their meaning elsewhere in this title.
- (1) "Business" means an entity that is certified as a MBE, WBE, MWBE or CBE under chapter 39.19 RCW.
- (2) "Office" means the Washington state office of minority and women's business enterprises (OMWBE).
- (3) "Owner" means any person(s) holding a majority ownership interest in a business certified under chapter 39.19 RCW.
- (4) "Person" means one or more individuals, partnerships, associations, organizations, corporations, cooperatives, limited liability companies, legal representatives, trustees and receivers, or any group of persons.
- (5) "Principal amount" means the amount of the loan as of the time the loan is initiated (not its declining balance from time to time).
- (6) "Program" means the linked deposit program authorized under RCW 43.86A.060.
- (7) "Treasurer" means the office of the state treasurer.
[Statutory Authority: RCW 39.19.030, 43.86A.060, and 2007 c 500 §§ 1 and 2. WSR 08-03-116, § 326-70-020, filed 1/22/08, effective 2/22/08.]