Rhode Island § 42-64.33-6 § 42-64.33-6. Request for determination.

Rhode Island Statutes

§ 42-64.33-6 — § 42-64.33-6. Request for determination.

Rhode Island § 42-64.33-6

Title 42State Affairs and Government

Ch. 42-64.33The Rhode Island Small Business Development Fund

This text of Rhode Island § 42-64.33-6 (§ 42-64.33-6. Request for determination.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 42-64.33-6 (2026).

Text

§ 42-64.33-6. Request for determination.
A small business development fund, before making a qualified investment, may request
            from the corporation a written opinion as to whether the business in which it is proposed
            to invest is an eligible business. The corporation, not later than the fifteenth business
            day after the date of receipt of the request, shall notify the small business development
            fund of its determination. If the corporation fails to notify the small business development
            fund by the fifteenth business day of its determination, the business in which the
            small business development fund proposes to invest shall be considered an eligible
  

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§ 42-64.33-6. Request for determination.

A small business development fund, before making a qualified investment, may request from the corporation a written opinion as to whether the business in which it is proposed to invest is an eligible business. The corporation, not later than the fifteenth business day after the date of receipt of the request, shall notify the small business development fund of its determination. If the corporation fails to notify the small business development fund by the fifteenth business day of its determination, the business in which the small business development fund proposes to invest shall be considered an eligible business.