Nevada Revised Statutes 349.917 – Form of investments of management company; management company to be managed by experienced person
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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.
Terms Used In Nevada Revised Statutes 349.917
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
2. The management company must be managed by a person who is experienced in various aspects of the development of new enterprises.