Title 15, Commerce and TradeRelease 119-73not60

§657f–1 Certification of Small Business Concerns Owned and Controlled by Veterans

Title 15 › Chapter 14A— AID TO SMALL BUSINESS › § 657f–1

Last updated Apr 3, 2026|Official source

Summary

The Administrator must decide and certify whether a business is a small company owned and controlled by veterans. The Administrator must also make those businesses confirm that status again from time to time. The Administrator must set up rules so people can challenge a business’s eligibility, and so the agency will investigate and decide those challenges. The rules must let the agency check that the information and certifications a business gives are true, including running exams or audits of those businesses.

Full Legal Text

Title 15, §657f–1

Commerce and Trade, Source: USLM XML via OLRC

(a)With respect to the program established under section 8127 of title 38, the Administrator shall—

(1)certify the status of a concern as a small business concern owned and controlled by veterans; and

(2)require the periodic recertification of such status.

(b)(1)In carrying out this section, the Administrator shall establish procedures relating to—

(A)the filing, investigation, and disposition by the Administration of any challenge to the eligibility of a small business concern to receive assistance under section 657f of this title (including a challenge, filed by an interested party, relating to the veracity of a certification made or information provided to the Administration by a small business concern under subsection (a)); and

(B)verification by the Administrator of the accuracy of any certification made or information provided to the Administration by a small business concern under subsection (a).

(2)The procedures established under paragraph (1) shall provide for a program of examinations by the Administrator of any small business concern making a certification or providing information to the Administrator under subsection (a), to determine the veracity of any statements or information provided as part of such certification or otherwise provided under subsection (a).

Reference

Citations & Metadata

Citation

15 U.S.C. § 657f–1

Title 15, Commerce and Trade

Last Updated

Apr 3, 2026

Release point: 119-73not60