(1) The financing assistance that a licensee may provide includes:
- (a) loans;
- (b) purchase of debt instruments;
- (c) straight equity investments including the purchase of common stock or preferred stock;
- (d) debt with equity features, including warrants to purchase stock, convertible debentures, or receipt of a percentage of net income or sales;
- (e) royalty-based financing;
- (f) debt guarantees; and
- (g) property leasing.
- (2) A licensee may determine the form, terms, and conditions for the financing assistance that it will provide.
History: En. Sec. 19, Ch. 411, L. 2007.