Statute 74-8201: Kansas statewide risk capital system; purposes.
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.
History: L. 1986, ch. 332, § 1; May 22.