La. Admin. Code tit. 19 § VII-2313

Current through Register Vol. 50, No. 9, September 20, 2024

Section VII-2313 - Inactivity

A. If no activity has occurred in the fund for a period of one year or reporting requirements are not met, the Venture Fund shall be reviewed by the board of the corporation. After review the board may choose to revoke its investment.

La. Admin. Code tit. 19, § VII-2313

Promulgated by the Department of Economic Development, Economic Development Corporation, LR 15:465 (June 1989), amended LR 23:560 (May 1997).

AUTHORITY NOTE: Promulgated in accordance with R.S. 51:2312(C).