The designated investor group shall publish an annual report within six (6) months after the close of its fiscal year, which shall:
(1) Include its annual audit of the activities conducted by the designated investor group;
(2) Be presented in writing, and by testimony if requested, to the:
(A) Governor;
(B) House Committee on Agriculture, Forestry, and Economic Development and the Senate Committee on Agriculture, Forestry, and Economic Development; and
(C) Arkansas Development Finance Authority;
(3) Document and review the progress of the designated investor group in implementing its investment plan; and
(4) List any use, redemption, or transfer of tax credits allowed under this subchapter.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 1 - Development Of Economic And Natural Resources Generally
Chapter 5 - Arkansas Development Finance Authority
Subchapter 14 - Venture Capital Investment Act of 2001
§ 15-5-1404. Designated investor group
§ 15-5-1407. Registration of tax credits
§ 15-5-1409. Powers of the Arkansas Development Finance Authority
§ 15-5-1410. Legislative findings
§ 15-5-1411. Creation of the Arkansas Venture Capital Development Fund
§ 15-5-1412. Eligibility for financial assistance — Limitation
§ 15-5-1413. Funding of Arkansas Venture Capital Development Fund
§ 15-5-1416. Powers of the trustees of the Venture Capital Investment Trust