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 2014 1st Special Session
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