Statutes, codes, and regulations
Kentucky Revised Statutes
Title 12 - CONSERVATION AND STATE DEVELOPMENTChapter 154 - DEVELOPMENTSubchapter 154.20 - FINANCING OF DEVELOPMENT GENERALLY
KENTUCKY INVESTMENT FUND
Section 154.20-250 - Purpose of KRS 154.20-250 to 154.20-284

Ky. Rev. Stat. § 154.20-250

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Current through 2024 Ky. Acts ch.225
Section 154.20-250 - Purpose of KRS 154.20-250 to 154.20-284

The purposes of KRS 154.20-250 to 154.20-284 are to encourage capital investment in the Commonwealth of Kentucky, to encourage the establishment or expansion of small businesses in Kentucky, to provide additional jobs, and to encourage the development of new products and technologies in the state through capital investments. It is the intent of KRS 154.20-250 to 154.20-284 to give investment preference to Kentucky small businesses showing a potential for rapid growth. Insofar as possible, any investment made in a Kentucky small business under the provisions of KRS 154.20-250 to 154.20-284 shall be used by that business to leverage additional capital investments from other sources.

KRS 154.20-250

Amended by 2019 Ky. Acts ch. 151,§ 62, eff. 3/26/2019.
Amended by 2018 Ky. Acts ch. 171,§ 97, eff. 4/14/2018.
Effective:7/15/1998
Created 1998, Ky. Acts ch. 414, sec. 1, effective7/15/1998.