72-1702. Terms, defined.

For purposes of the Nebraska Small Business Incubator Act:

(1) Business incubation center shall mean a facility in which units of space may be leased by a tenant and in which a tenant has access to business development services as described in section 72-1712;

(2) Community board shall mean a board created pursuant to section 72-1704;

(3) Public agency shall mean a state agency or commission or a political subdivision which retains ownership or control of one or more public buildings; and

(4) Tenant shall mean a sole proprietorship, business partnership, limited liability company, or corporation operating a business for profit and leasing or otherwise occupying space in a business incubation center.

Source:Laws 1990, LB 409, § 2; Laws 1993, LB 121, § 461.