12 C.F.R. § 906.11 Who may participate in the outreach program?
Title 12 - Banks and Banking
Minorities, women, and individuals with disabilities, and businesses unconditionally owned by them, may participate in the outreach program. As used in this subpart: (a) Disability with respect to an individual has the same meaning as defined by the Equal Employment Opportunity Commission at 29 CFR 1630.2(g) and 1630.3. (b) Minority means Black or African American, American Indian or Alaska Native, Hispanic or Latino American, Asian American, and Native Hawaiian or Other Pacific Islander. (c) Unconditional ownership means ownership of at least 51 percent of a business by one or more members of a minority group, women, or individuals with disabilities. In the case of a corporation, it means ownership of at least 51 percent of each class of voting stock. In the case of a partnership, it means ownership of at least 51 percent of the partnership interest.
Title 12: Banks and Banking
PART 906—OPERATIONS
Subpart C—Contractor Outreach Program for Businesses Owned by Minorities, Women, or Individuals With Disabilities
§ 906.11 Who may participate in the outreach program?
