Arkansas Code Title 15, Subtitle 1, Chapter 4, Subchapter 33 - Equity Investment Incentive Act of 2007

• § 15-4-3301 - Title.
  This subchapter shall be known and may be cited as the "Equity Investment Incentive Act of 2007".
• § 15-4-3302 - Equity Investment Incentives -- Creation -- Purpose -- Tax Credit.
  (a) Equity investment incentives in the form of tax credits to persons or companies investing in certain types of eligible businesses are created.(b) The...
• § 15-4-3303 - Eligibility for Equity Investment Incentive.
  (a) Eligibility for the equity investment incentive tax credit under this subchapter is limited to investments in: (1) Targeted businesses as defined in §...
• § 15-4-3304 - Application for an Equity Investment Incentive Tax Credit.
  (a) A business that seeks eligibility for an equity investment incentive tax credit under this subchapter shall file an application with the Arkansas Economic...
• § 15-4-3305 - Award of an Equity Investment Incentive Tax Credit.
  (a) A person or company that purchases an equity interest in a qualified business under § 15-4-3303(a) in any of the calendar years 2007...
• § 15-4-3306 - Rules.
  The Arkansas Economic Development Commission and the Arkansas Development Finance Authority shall promulgate jointly rules to implement this subchapter.
• § 15-4-3307 - Definition.
  As used in this subchapter, "convertible financing structure" means an investment mechanism that converts into equity at a subsequent event, including without limitation convertible...

Last modified: November 15, 2016