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Is there a requirement that investment capital be reinvested following a liquidity event?

April 26, 2017Capital event Investment liquidity reinvested requirement

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Is there a requirement that investment capital be reinvested following a liquidity event?

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No. However, the capital may be reinvested during the one-year redeployment period in order to meet the benchmarks set out in 2009 Public Chapter 610, Section 7. In order to comply with the program, the investment levels laid out in Section 7 must be maintained at all times.