349.917 - Form of investments of management company; management company to be managed by experienced person. - Nevada Statutes

349.917  Form of investments of management company; management company to be managed by experienced person.

      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.

      (Added to NRS by 1987, 1407)