49 C.F.R. · Transportation
49 C.F.R. § 23.35

What is the personal net worth standard for disadvantaged owners of ACDBEs?

Title 49 C.F.R. ● ACTIVE Primary Source
Regulatory Text

49 C.F.R. § 23.35 — What is the personal net worth standard for disadvantaged owners of ACDBEs?

§ 23.35 What is the personal net worth standard for disadvantaged owners of ACDBEs? The personal net worth standard used in determining eligibility for purposes of this part is $1.32 million. Any individual who has a personal net worth exceeding this amount is not a socially and economically disadvantaged individual for purposes of this part, even if the individual is a member of a group otherwise presumed to be disadvantaged. [70 FR 14508, Mar. 22, 2005, as amended at 77 FR 36931, June 20, 2012]

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BS-CFR49-SEC-AB40BD
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49 C.F.R. § 23.35
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The regulatory text of 49 C.F.R. § 23.35 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 49 49 C.F.R. § 23.35