There is a newer version of the West Virginia Code
2009 West Virginia Code
CHAPTER 5E. VENTURE CAPITAL COMPANY
ARTICLE 1. WEST VIRGINIA CAPITAL COMPANY ACT.
§5E-1-22 Decertification of qualified capital companies other than small business investment companies.
§5E-1-22. Decertification of qualified capital companies other
than small business investment companies.Notwithstanding any provision in this article to the contrary, the authority may not hereafter allocate credit to any applicant other than a small business investment company. Every qualified capital company that is not a small business investment company may no longer be considered a qualified capital company and shall, without any further action, be decertified. Each company that has been decertified in accordance with the provisions of this section is no longer subject to the provisions of this article. Nothing herein may be construed to limit an investor in a qualified capital company from applying credits previously allocated by the authority including unused credits carried forward pursuant to section eight of this article.
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