Kansas § 74-8201 Kansas statewide risk capital system; purposes

Kansas Statutes

§ 74-8201 — Kansas statewide risk capital system; purposes

Kansas § 74-8201

Ch. 74STATE BOARDS, COMMISSIONS AND AUTHORITIES

Art. 82KANSAS STATEWIDE RISK CAPITAL SYSTEM

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Bluebook

Kan. Stat. Ann. § 74-8201 (2026).

Text

The purpose of this act is to create a Kansas statewide risk capital system to meet the special needs of the various regions of Kansas. This system will invest $10,000,000 of state funds to create private risk capital for investment in smaller Kansas businesses. This investment will, in turn, lead to further growth, diversification and improvement of the Kansas economy in all geographic regions in a diversified range of primary sectors concerned with products, processes and services that create jobs, wealth and income for the benefit of Kansas and Kansans especially in nonmetropolitan areas of the state.

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The purpose of this act is to create a Kansas statewide risk capital system to meet the special needs of the various regions of Kansas. This system will invest $10,000,000 of state funds to create private risk capital for investment in smaller Kansas businesses. This investment will, in turn, lead to further growth, diversification and improvement of the Kansas economy in all geographic regions in a diversified range of primary sectors concerned with products, processes and services that create jobs, wealth and income for the benefit of Kansas and Kansans especially in nonmetropolitan areas of the state.