74-8319. Same; definitions.
84 words·~1 min read·
/ks/chapter-74/74-8319A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
74-8319. Same; definitions. For purposes of this act:
(a)"Department" means the department of commerce;
(b)"fund" means any venture-capital fund whether organized as a corporation, partnership, limited partnership, limited liability company or other business entity, as well as any separately organized entity, which manages any such fund;
(c)"fund manager" means any person or persons, approved by the secretary, legally responsible for the investment and management of a fund's assets pursuant to statute or contract; and
(d)"secretary" means the secretary of commerce.