Sec. 21.
The fund manager shall file an annual report with the Michigan early stage venture investment corporation that includes an annual financial audit conducted by an independent auditor and any other financial information and documentation required by the Michigan early stage venture investment corporation to ensure the proper administration and investment of the fund.
History: 2003, Act 296, Imd. Eff. Jan. 8, 2004 ;-- Am. 2015, Act 192, Imd. Eff. Nov. 16, 2015
Structure Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263)
Section 125.2231 - Short Title.
Section 125.2232 - Legislative Findings; Declaration.
Section 125.2233 - Definitions.
Section 125.2235 - Incorporation as Nonprofit Corporation.
Section 125.2237 - Articles of Incorporation; Contents.
Section 125.2241 - Filing With State Treasurer; Exception.
Section 125.2243 - Board of Directors.
Section 125.2247 - Agreements With Investors; Modification of Existing Agreement.
Section 125.2251 - Annual Financial Audit.
Section 125.2253 - Tax Voucher Certificates.
Section 125.2255 - Construction of Act.
Section 125.2257 - Annual Report.
Section 125.2259 - Actions Required.