State Codes and Statutes
Statutes > Michigan > Chapter-125 > Act-296-of-2003 > Section-125-2257MICHIGAN EARLY STAGE VENTURE INVESTMENT ACT OF 2003 (EXCERPT)
Act 296 of 2003
125.2257 Annual report.
Sec. 27.
The Michigan early stage venture investment corporation shall publish an annual report not more than 3 months after the close of the Michigan early stage venture investment corporation's fiscal year that includes all of the following:
(a) An enumeration of all investment and related activities for the fiscal year.
(b) Documentation and analysis of the implementation and status of the Michigan early stage venture investment corporation's investment plan and the economic impact of the plan on this state, including, but not limited to, the following:
(i) The number of jobs represented by the investments made in qualified businesses in this state.
(ii) Return on investment generated by investment, the types of activities in which investment was made, and the impact of that investment on the economic base of this state.
History: 2003, Act 296, Imd. Eff. Jan. 8, 2004
