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2011 Kentucky Revised Statutes
Subchapter 20 Financing of Development Generally
154.20.250 Purpose of KRS 154.20-250 to 154.20-284.


KY Rev Stat § 154.20.250 (1996 through Reg Sess) What's This?
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154.20-250 Purpose of KRS 154.20-250 to 154.20-284. The purposes of KRS 154.20-250 to 154.20-284 are to encourage capital investment in the Commonwealth of Kentucky, to encourage the establishment or expansion of small businesses in Kentucky, to provide additional jobs, and to encourage the development of new products and technologies in the state through capital investments. It is the intent of KRS 154.20-250 to 154.20-284 to give investment preference to Kentucky small businesses showing a potential for rapid growth. Insofar as possible, any investment made in a Kentucky small business under the provisions of KRS 154.20-250 to 154.20-284 shall be used by that business to leverage additional capital investments from other sources. Effective: July 15, 1998 History: Created 1998 Ky. Acts ch. 414, sec. 1, effective July 15, 1998.

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