A taxpayer receiving a credit hereunder is not subject to a recapture provision for any credit claimed by the taxpayer but the company is subject to the civil penalty provided for in subsection (e), section twelve of this article.
Structure West Virginia Code
Chapter 5E. Venture Capital Company
Article 1. West Virginia Capital Company Act
§5E-1-2. Declaration of Policy
§5E-1-6. Qualification of West Virginia Capital Companies
§5E-1-7. Minimum Standards of Qualified West Virginia Capital Companies
§5E-1-9. Recaptures; Unqualified Investments
§5E-1-10. Application Requirements
§5E-1-11. Disclaimer of Liability of the State
§5E-1-12. Qualified Investments; Liquidation or Dissolution
§5E-1-13. Restrictions on Investment
§5E-1-14. Conflict of Interest
§5E-1-15. Investment Reporting and Record Keeping
§5E-1-19. Effective Date; Transition Rules