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2022 Georgia Code
Title 10 - Commerce and Trade
Chapter 10 - Seed-Capital Fund
Article 2 - Invest Georgia Fund
§ 10-10-13. Responsibilities of Board
Universal Citation: GA Code § 10-10-13 (2022)
The board’s primary responsibilities shall include:
- Establishing an investment policy for the selection of a fund administrator;
- Selecting a fund administrator to administer the provisions of this article;
- Giving final approval to allocations of designated capital to the venture capital funds selected by the fund administrator;
- Executing and overseeing the contracts of the fund administrator in order to assure compliance with this article; and
- Establishing a policy with respect to use of capital and profits returned to the state pursuant to the provisions of Code Section 10-10-19.
History. Code 1981, § 10-10-13 , enacted by Ga. L. 2013, p. 243, § 5/HB 318.
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