{"data":{"id":"us-mi/mich.-comp.-laws-125.2065","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 125.2065","heading":"Percentage of venture capital investments; encouraging certified MESBIC to meet investment requirements; “investment” defined.","body":"Sec. 65.\n\nSixty-five percent of investments of a certified minority venture capital company shall be venture capital investments.\n\nA certified MESBIC shall be encouraged to use its best efforts to meet the investment requirements imposed by subsection (1) on certified minority venture capital companies.\n\nFor purposes of this section, section 61(d), and section 63(2)(d), (e), and (i), \"investment\" means financial assistance provided by a MESBIC or minority venture capital company, whether through loans, guarantees, venture capital investments, or commitments.","path":["MI Code","Chapter 125","Act Act-270-of-1984"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-125-2065","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"280f3daebe5327e87b29ba5275e9c9c91371dca43d5b3b21f2ea55965d28c73d","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-125.2064","next":"us-mi/mich.-comp.-laws-125.2066"},"notice":"GroundRules: Original legal text. Not legal advice."}