Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE30 PUBLIC BORROWING AND OBLIGATIONS |
CHAPTER349. State Obligations |
REVENUE BONDS FOR VENTURE CAPITAL |
NRS349.917. Form of investments of management company; management company to be managed by experienced person.
Latest version.
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1. The investments of the management company for the Account for Venture Capital may take the form of an equity investment, a loan or a purchase of warrants or options to purchase stock.
2. The management company must be managed by a person who is experienced in various aspects of the development of new enterprises.
(Added to NRS by 1987, 1407)