Michigan Compiled Laws
270-1984-6 - Chapter 6 (125.2061...125.2069a)
Section 125.2066 - Minority Venture Capital Company as Certified Mesbic.

Sec. 66.
A minority venture capital company certified under this chapter that thereafter becomes a MESBIC shall be considered a certified MESBIC under this chapter without separate application.
History: 1984, Act 270, Eff. Mar. 29, 1985 Popular Name: Strategic Fund

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 270 of 1984 - Michigan Strategic Fund Act (125.2001 - 125.2094)

270-1984-6 - Chapter 6 (125.2061...125.2069a)

Section 125.2061 - Definitions.

Section 125.2062 - Center for Minority Venture Capital; Establishment and Operation.

Section 125.2063 - Certification of Minority Venture Capital Company and Mesbic; Purpose; Construction of Certification; Statement in Documents; Forwarding Certification Applications; Qualifications for Initial Certification; Compliance.

Section 125.2064 - Considerations Prior to Certification.

Section 125.2065 - Percentage of Venture Capital Investments; Encouraging Certified Mesbic to Meet Investment Requirements; “Investment” Defined.

Section 125.2066 - Minority Venture Capital Company as Certified Mesbic.

Section 125.2067 - Independent Program Audit.

Section 125.2068 - Effective Date and Duration of Certification; Eligibility as Recipient of Investments; Approval and Effect of Tax Credit Disqualification.

Section 125.2069 - Revocation of Certification; Notice; Remedying Deficiencies and Complying With Requirements; Determination.

Section 125.2069a - Tax Credit Certification; Information; Report.