2022 Georgia Code
Title 10 - Commerce and Trade
Chapter 10 - Seed-Capital Fund
Article 1 - General Provisions
§ 10-10-6. Distribution to Be Deposited in the Fund
All distributions made by an investment entity allocable to the state’s limited partner interest or membership interest therein; all cash proceeds with respect to any loan, whether interest, the repayment of principal, or other amounts; or proceeds of the sale or transfer of qualified securities held directly by the fund shall be deposited in the fund for future investment in other investment entities, in other qualified securities of enterprises, for making loans as provided in this article, or to pay the cost of administration of the fund as provided in this article.
History. Code 1981, § 10-10-5 , enacted by Ga. L. 1989, p. 1674, § 1; Ga. L. 2000, p. 473, § 1; Code 1981, § 10-10-6 , as redesignated by Ga. L. 2004, p. 431, § 1; Ga. L. 2013, p. 243, § 4/HB 318.
Editor’s notes.
Ga. L. 2004, p. 431, § 1, effective May 13, 2004, redesignated former Code Section 10-10-6 as present Code Section 10-10-7.
