The board's primary responsibilities shall include:
(1) Establishing an investment policy for the selection of a fund administrator;
(2) Selecting a fund administrator to administer the provisions of this article;
(3) Giving final approval to allocations of designated capital to the venture capital funds selected by the fund administrator;
(4) Executing and overseeing the contracts of the fund administrator in order to assure compliance with this article; and
(5) Establishing a policy with respect to use of capital and profits returned to the state pursuant to the provisions of Code Section 10-10-19.
Section: Previous 10-10-10 10-10-11 10-10-12 10-10-13 10-10-14 10-10-15 10-10-16 10-10-17 10-10-18 10-10-19 10-10-20 NextLast modified: October 14, 2016