### Question
How is the "Indian-owned business" defined?


### Answer
The term **Indian-owned business** is defined in *25 U.S.C. § 4302* as follows -

> an entity organized for the conduct of trade or commerce with respect to which at least 50 percent of the property interests of the entity are owned by Indians or Indian tribes (or a combination thereof)

#### Citation:
  - *25 U.S.C. § 4302*
  - Heading: **CHAPTER 44-NATIVE AMERICAN BUSINESS DEVELOPMENT, TRADE PROMOTION, AND TOURISM**

