For purposes of this act:
- (a) "Department" means the department of commerce;
- (b) "fund" means any venture-capital fund whether organized as a corporation, partnership, limited partnership, limited liability company or other business entity, as well as any separately organized entity, which manages any such fund;
- (c) "fund manager" means any person or persons, approved by the secretary, legally responsible for the investment and management of a fund's assets pursuant to statute or contract; and
- (d) "secretary" means the secretary of commerce.
L. 1995, ch. 127, § 4; L. 2011, ch. 104, § 35; July 1.