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

NRS 349.917, under STATE OBLIGATIONS.

NRS 349.917

NRS 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)