West Virginia § 5E-1-22 Decertification of qualified capital companies other than small business investment companies

West Virginia Statutes

§ 5E-1-22 — Decertification of qualified capital companies other than small business investment companies

West Virginia § 5E-1-22

Ch. 5EVENTURE CAPITAL COMPANY

Art. 1WEST VIRGINIA CAPITAL COMPANY ACT

This text of West Virginia § 5E-1-22 (Decertification of qualified capital companies other than small business investment companies) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 5E-1-22 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.