48 CFR § 270.101 - 270.101 Definition.

---
identifier: "/us/cfr/t48/s270.101"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 270.101 - 270.101   Definition."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "270.101"
section_name: "270.101   Definition."
chapter_number: 2
chapter_name: "DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE"
subchapter_number: "I"
subchapter_name: "AGENCY SUPPLEMENTARY REGULATIONS"
part_number: "270"
part_name: "DEFENSE CONTRACTING PROGRAMS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "41 U.S.C. 1303 and 48 CFR chapter 1."
regulatory_source: "89 FR 82187, Oct. 10, 2024, unless otherwise noted."
cfr_part: "270"
---


# 270.101 270.101   Definition.

As used in this subpart, *qualified business* means an S corporation as defined in 26 U.S.C. 1361(a)(1) for which 100 percent of the outstanding stock is held through an employee stock ownership plan as defined in 26 U.S.C. 4975(e)(7).