§ 63M-1-1204. Utah Capital Investment Board.

Latest version.

(1)	There is created within the office the Utah Capital Investment Board to exercise the powers conferred by this part.

(2)	The purpose of the board is to mobilize venture equity capital for investment in a manner that will result in a significant potential to create jobs and to diversify and stabilize the economy of the state.

(3)	In the exercise of its powers and duties, the board is considered to be performing an essential public purpose.

Renumbered and Amended by Chapter 382, 2008 General Session

                    
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