Section 40-18-377
Project agreements forwarded to Department of Revenue; incentives not deemed securities.
(a) After its execution, the Department of Commerce shall forward to the Department of Revenue a copy of any project agreement that allows an incentivized company to claim a jobs act incentive.
(b) Jobs act incentives shall not be considered securities under Section 8-6-2(10).
(Act 2015-27, §3.)