§ 44-63-1 - Definitions. [Repealed effective December 31, 2016 pursuant to § 44-63-5.]. - Rhode Island Statutes

SECTION 44-63-1

   § 44-63-1  Definitions. [Repealedeffective December 31, 2016 pursuant to § 44-63-5.]. – For the purpose of this chapter:

   (a) "Corporation" means the Rhode Island economic developmentcorporation.

   (b) "Executive employee" means any employee designated assuch by the taxpayer, but in no case shall a taxpayer designate more than ten(10) executive employees.

   (c) "Qualified innovative company" means any business entityformed or registered to conduct business under the laws of the state of RhodeIsland that has provided satisfactory evidence to the corporation, as submittedby an independent certified public accountant, that the entity has in the priortwo (2) calendar years had annual gross revenues of less than one milliondollars ($1,000,000).

   (d) "Rhode Island Science and Technology Advisory Council"means that body created by executive order 05-07, or any subsequentlyestablished successor entity.

   (e) "Traded goods or services" means the services produced orgoods manufactured in those industries or businesses which are capable ofexporting or importing across state boundaries.