TITLE 10 COMMERCE AND TRADE

Section 10. Seed-Capital Fund, 10-10-1 through 10-10-20.

ARTICLE 1 GENERAL PROVISIONS

10-10-6. Distribution to be deposited in the fund.

All distributions made by an investment entity allocable to the state's limited partner interest or membership interest therein; all cash proceeds with respect to any loan, whether interest, the repayment of principal, or other amounts; or proceeds of the sale or transfer of qualified securities held directly by the fund shall be deposited in the fund for future investment in other investment entities, in other qualified securities of enterprises, for making loans as provided in this article, or to pay the cost of administration of the fund as provided in this article.

(Code 1981, §10-10-5, enacted by Ga. L. 1989, p. 1674, § 1; Ga. L. 2000, p. 473, § 1; Code 1981, §10-10-6, as redesignated by Ga. L. 2004, p. 431, § 1; Ga. L. 2013, p. 243, § 4/HB 318.)