Title 42, Title 42 Affairs and Government

(a) The corporation, working in coordination with the division of taxation, may recapture, from any entity that claims a credit on a tax return, the credit allowed under this chapter if: (1) The small business development fund does not invest one hundred percent (100%) of its cap…

A small business development fund, before making a qualified investment, may request from the corporation a written opinion as to whether the business in which it is proposed to invest is an eligible business. The corporation, not later than the fifteenth business day after the d…

(a) Each small business development fund shall submit a report to the corporation on or before the fifth business day after the first, second, and third anniversaries of the closing date. The report shall provide documentation as to the small business development fund’s qualified…

The incentives provided under this chapter shall not be granted in combination with any other job-specific benefit provided by the state, the commerce corporation, or any other state agency, board, commission, quasi-public corporation, or similar entity without the express author…

The corporation and division of taxation may issue reasonable rules and regulations, consistent with this chapter, as are necessary to carry out the intent and purpose and implementation of the responsibilities under this chapter.