15E.41 - PURPOSE.
15E.41 PURPOSE.
The purpose of this division is to enhance the quality of life for
citizens of this state through the increased availability of and
accessibility to venture capital, particularly at the seed capital
investment stage, which encourages the creation of wealth through
high-paid, new jobs that increase the wage base and promote
industrial development and innovative products that use new
technology. The purpose of this division is also to encourage
individuals to invest seed capital in Iowa businesses and in
community-based seed capital funds. Section History: Recent Form
2002 Acts, ch 1006, §1, 13