CHAPTER 114 1
CHAPTER 114
( HB 577 )
AN ACT relating to economic development.
Be it enacted by the General Assembly of the Commonwealth of Kentucky:
Section 1. KRS 154.12-300 is amended to read as follows:
As used in KRS 154.12-300 to 154.12-310, unless the context indicates otherwise:
(1) "Early-stage company" means a company that is:
(a) A small or medium-size company in its initial stages of operation;
(b) Characterized by new or evolving product or service development; and