2006 Michigan Compiled Laws - CHAPTER 6 (125.2061...125.2069a)

MICHIGAN STRATEGIC FUND ACT (EXCERPT)
Act 270 of 1984
Chapter 6


DocumentDescription
Section 125.2061Definitions.
Section 125.2062Center for minority venture capital; establishment and operation.
Section 125.2063Certification of minority venture capital company and MESBIC; purpose; construction of certification; statement in documents; forwarding certification applications; qualifications for initial certification; compliance.
Section 125.2064Considerations prior to certification.
Section 125.2065Percentage of venture capital investments; encouraging certified MESBIC to meet investment requirements; "investment" defined.
Section 125.2066Minority venture capital company as certified MESBIC.
Section 125.2067Independent program audit.
Section 125.2068Effective date and duration of certification; eligibility as recipient of investments; approval and effect of tax credit disqualification.
Section 125.2069Revocation of certification; notice; remedying deficiencies and complying with requirements; determination.
Section 125.2069aTax credit certification; information; report.

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