(1) As used in this chapter, “partial equity ownership agreement” means an agreement with a legal entity, including without limitation a partnership, a limited partnership, a limited liability company, or similar legal entity that:(1) Includes a state retirement system as a partner, a limited partner, or a partial owner;(2) Creates an equity interest or ownership position for the state retirement system; and(3) Utilizes retirement trust funds that are not appropriated by the General Assembly.
(1) Includes a state retirement system as a partner, a limited partner, or a partial owner;
(2) Creates an equity interest or ownership position for the state retirement system; and
(3) Utilizes retirement trust funds that are not appropriated by the General Assembly.