Section 57-10-23 - Annual fee of small business investment companies

Any small business investment company or minority enterprise small business investment company wishing to participate under this article shall pay a five hundred dollar ($500.00) fee annually on July 1 to the corporation which shall be deposited in a qualified state depository, to the credit of the 'Mississippi Economic Development Corporation.' The annual fee paid on its initial application shall be prorated according to the date of application.Codes, 1942, § 8940-115; Laws, 1972, ch. 439, § 15, eff. 5/4/1972.