Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter53A. Business Development Corporations and North Carolina Capital Resource Corporations. |
Article3. North Carolina Enterprise Corporations |
§53A-44. Prohibited investments
Latest version.
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Investments by a North Carolina Enterprise Corporation shall not be made in any business unless the business can demonstrate to the satisfaction of the North Carolina Enterprise Corporation that the business cannot obtain sufficient financing through traditional financial institutions.
(1987 (Reg. Sess., 1988), c. 882, s. 1.)