Objective of investments for Account for Venture Capital.

NRS 349.916, under STATE OBLIGATIONS.

NRS 349.916

NRS 349.916 Objective of investments for Account for Venture Capital. The objective of the investments for the Account for Venture Capital is to seek the appreciation of long-term capital by investing venture capital in new developing enterprises which the management company believes offers the possibility of significant long-term growth consistent with the protection of the environment of the State. (Added to NRS by 1987, 1407)