New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter L - New York State Urban Development Corporation
Part 4252 - Innovateny Fund
Section 4252.9 - Fees and capital gains
Universal Citation: 21 NY Comp Codes Rules and Regs ยง 4252.9
Current through Register Vol. 46, No. 12, March 20, 2024
The investment entities may charge fees, pursuant to a written schedule of fees, and receive carried interest on capital gains with the prior written approval of the corporation. The amount of any fees and the amount of the carried interest on capital gains will be detailed in the agreements to be entered into between the investment entity and the corporation. Returns to the corporation, such as capital gains and the return of the investment, will be detailed in the agreements to be entered into between the investment entity and the corporation.
Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
