Principal business operations definition

Principal business operations means the operations of a business are located at the place or places where at least 60% of its employees work or where employees that are paid at least 60% of its payroll work. A business that has agreed to relocate or hire new employees using the proceeds of a growth investment to establish its principal business operations in a qualified rural local governmental unit in the state shall be considered to have its principal business operations in this new location provided it satisfies this definition within 180 days after receiving the growth investment, unless the fund agrees to a later date. A business located in this state that has agreed to hire new employees in a qualified rural local governmental unit using the proceeds of a growth investment to establish its principal business operations in that qualified rural local governmental unit shall be considered to have its principal business operations in a qualified rural local governmental unit provided it hires the necessary employees within 180 days after receiving the growth investment or a later date, if agreed to by the fund.
Principal business operations means the location where at least sixty percent
Principal business operations means the location where:

Examples of Principal business operations in a sentence

  • Principal business operations The Nissan Shatai Group’s principal business is the manufacture and sale of motor vehicles and auto parts, other business activities including servicing related to the aforesaid.

  • If you need further information about how to resolve specific errors, open a customer message on the relevant component.

  • Principal business operations" means the physical location of a business where at least 60 percent of a qualified active low-income community business' employees work or where employees that are paid at least 60 percent of the business' payroll work.

  • Principal business operations means at least 80% of the business organization’s employees reside in Texas or 80% of the business payroll is paid to individuals living in Texas.

  • It is assumed that soil conditions are adequate to support standard construction consistent with the highest and best use as stated in this report.


More Definitions of Principal business operations

Principal business operations means a business located at
Principal business operations means a location where at least
Principal business operations means the location where at
Principal business operations means at least 50 percent of the business’s employees, who are not primarily engaged in retail sales, reside in the State, or at least 50 percent of the business’s payroll for employees not primarily engaged in retail sales is paid to individuals living in this State.
Principal business operations means at least 50 percent of the
Principal business operations means the location where at least 60% of a business's employees work or where employees that are paid at least 60% of a business's payroll work.
Principal business operations means the location where at least sixty percent of the business’s employees work or where employees that are paid at least sixty percent of its payroll work. A business that has agreed to relocate or hire new employees using the proceeds of a growth investment to establish its principal business operations in a growth zone in the State is considered to have its principal business operations in this new location provided it satisfies this definition within one hundred eighty days after receiving the growth investment unless the department agrees to a later date.