Bill Title: As enacted, requires the department of economic and community development to use its audit authority to ensure that a qualified TNInvestco provides adequate documentary support for all proceeds and distributions related to liquidity events; makes other various changes to law concerning TNInvestcos. - Amends TCA Title 4, Chapter 28.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2014-04-14 - Comp. became Pub. Ch. 611 [HB0653 Detail]

Text: Latest bill text (Draft #1) [PDF]

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