74-8201. Kansas statewide risk capital system; purposes. The purpose of this act is to create a Kansas statewide risk capital system to meet the special needs of the various regions of Kansas. This system will invest $10,000,000 of state funds to create private risk capital for investment in smaller Kansas businesses. This investment will, in turn, lead to further growth, diversification and improvement of the Kansas economy in all geographic regions in a diversified range of primary sectors concerned with products, processes and services that create jobs, wealth and income for the benefit of Kansas and Kansans especially in nonmetropolitan areas of the state.
History: L. 1986, ch. 332, ยง 1; May 22.
Structure Kansas Statutes
Chapter 74 - State Boards, Commissions And Authorities
Article 82 - Kansas Statewide Risk Capital System
74-8201 Kansas statewide risk capital system; purposes.
74-8204 Annual report by Kansas venture capital, inc.; contents.
74-8206 Income tax credit for investment in stock of Kansas Venture Capital, Inc. by corporations.
74-8207 Limitation on tax credits.
74-8208 State not liable to investors in Kansas Venture Capital, Inc.