Form of investments of management company; management company to be managed by experienced person
Known as the State Securities Law
The act spans §§ 349–349 (273 sections).
(Added to NRS by 1987, 1407)
1. The investments of the management company for the Account for Venture Capital may take the form of an equity investment, a loan or a purchase of warrants or options to purchase stock.
2. The management company must be managed by a person who is experienced in various aspects of the development of new enterprises.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.