Text: S05197 Text: S05199 Text: S05100 - S05199 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 2296 as follows: 1 2 #1. Page 17, line 1, by inserting after the word 1 3 "its" the following: "remaining moneys and". 1 4 #2. Page 17, by striking lines 2 through 12 and 1 5 inserting the following: "liquidating manager. The 1 6 selection and appointment process for the liquidating 1 7 manager shall be established by the Iowa seed capital 1 8 corporation board subject to approval by the attorney 1 9 general. Liquidation shall be completed by the 1 10 liquidation manager within a reasonable time provided 1 11 that appropriate steps are taken to maximize the 1 12 moneys transferred to the state and minimize the 1 13 transition effect on the affected companies. The 1 14 liquidation manager shall be reimbursed for the actual 1 15 costs associated with the liquidation of the Iowa seed 1 16 capital corporation assets including, but not limited 1 17 to, brokerage fees and administrative charges." 1 18 #3. Page 17, line 13, by inserting after the word 1 19 "Moneys" the following: ", unless otherwise provided 1 20 by law, shall be". 1 21 #4. Page 17, lines 13 through 15, by striking the 1 22 words "on or before June 30, 1998, and moneys 1 23 transferred to the strategic investment fund by the 1 24 receiver" and inserting the following: "by the 1 25 liquidating manager". 1 26 #5. Page 17, line 16, by inserting after the word 1 27 "assets" the following: "and". 1 28 1 29 1 30 1 31 ALLEN BORLAUG 1 32 1 33 1 34 1 35 DERRYL McLAREN 1 36 SF 2296.301 77 1 37 tm/cf/28
Text: S05197 Text: S05199 Text: S05100 - S05199 Text: S Index Bills and Amendments: General Index Bill History: General Index
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