WEST VIRGINIA CODE











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WVC 5 E- 1 - 22

§5E-1-22. Decertification of qualified capital companies other

than small business investment companies.

Notwithstanding any provision in this article to the contrary,

the authority may not hereafter allocate credit to any applicant

other than a small business investment company. Every qualified

capital company that is not a small business investment company may

no longer be considered a qualified capital company and shall,

without any further action, be decertified. Each company that has

been decertified in accordance with the provisions of this section

is no longer subject to the provisions of this article. Nothing

herein may be construed to limit an investor in a qualified capital

company from applying credits previously allocated by the authority

including unused credits carried forward pursuant to section eight

of this article.





Note: WV Code updated with legislation passed through the 2015 Regular Session

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