Sec. 228.202. RELOCATION OF PRINCIPAL BUSINESS OPERATIONS

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If, before the 90th day after the date a certified capital company makes an investment in a qualified business, the qualified business moves the business's principal business operations from this state, the investment may not be considered a qualified investment for purposes of the percentage requirements under this chapter.

Added by Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 1B.001, eff. April 1, 2009.

                    
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