154.20.250 Purpose of KRS 154.20-250 to 154.20-284.
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<![CDATA[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 <br>the Commonwealth of Kentucky, to encourage the establishment or expansion of small <br>businesses in Kentucky, to provide additional jobs, and to encourage the development of <br>new products and technologies in the state through capital investments. It is the intent of <br>KRS 154.20-250 to 154.20-284 to give investment preference to Kentucky small <br>businesses showing a potential for rapid growth. Insofar as possible, any investment made <br>in a Kentucky small business under the provisions of KRS 154.20-250 to 154.20-284 <br>shall be used by that business to leverage additional capital investments from other <br>sources. Effective: July 15, 1998 <br>History: Created 1998 Ky. Acts ch. 414, sec. 1, effective July 15, 1998. ]]>