8 A Program Law and Legal Definition

The 8(a) Program is a Small Business Administration (SBA) program intended to provide assistance to economically and/or socially disadvantaged business owners. The initiative, which originated out of Section 8(a) of the Small Business Act?hence its name?provides participants with access to a variety of business development services, including the opportunity to receive federal contracts on a…

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8-K Law and Legal Definition

This is a report of unscheduled material events or corporate changes deemed of importance to the shareholders or to the Securities and Exchange Commission (SEC). Companies must file 8-K forms with the SEC within ten days of the end of the month in which: there is a change in control of the company, the company…

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802.11 Law and Legal Definition

According to 49 CFR 395.2 [Title 49 ? Transportation; Subtitle B Other Regulations Relating to Transportation; Chapter III Federal Motor Carrier Safety Administration, Department of Transportation; Subchapter B Federal Motor Carrier Safety Regulations; Part 395 Hours of Service Of Drivers], 802.11 is ?a set of communications and product compatibility standards for wireless local area networks…

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83 b Law and Legal Definition

An 83(b) election is a tax election made by founders issued stock subject to a vesting schedule. The election must be made within 30 days after the founder receive the stock. The 83(b) election neutralizes a potential disastrous tax consequence, and the founder recognizes ?income? upon the initial restricted stock purchase.

85 Percent Rule Law and Legal Definition

In Oklahoma, persons who are convicted of crimes enumerated in 21 O.S., § 13.1 are required to serve at least 85% of their sentences before they can even be considered for parole. This is referred to as 85% rule. Persons convicted of these offenses shall not be eligible for earned credits or any other type…

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