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2018 Louisiana Laws
Revised Statutes
TITLE 51 - Trade and Commerce
RS 51:1144 - Venture Capital Network; duties and functions
Universal Citation: LA Rev Stat § 51:1144 (2018)
§1144. Venture Capital Network; duties and functions
The Venture Capital Network shall:
(1) Solicit, compile, profile, and maintain current information describing opportunities for risk capital investment in new or emerging business ventures.
(2) Identify active informal investors and profile their distinguishing investment objectives.
(3) Provide, for a reasonable fee, a timely, confidential, and objective referral system serving both entrepreneurs and investors.
(4) Maintain statistics on the operation of the Venture Capital Network, including the number of profile entrepreneurs and investors, referrals, and referrals resulting in investment.
Acts 1987, No. 449, §1.
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