§ 395.5. Responsibilities of local sponsors
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and Commerce
73 P.S. § 395.5
§ 395.5. Responsibilities of local sponsors
A local sponsor, or the organization receiving assistance through the local sponsor, shall have the following responsibilities and duties in establishing and operating an incubator with assistance from this program:
(8) Establish policies and criteria for the acceptance of tenants into the incubator. Retail enterprises, not-for-profit enterprises (except not-for-profit enterprises engaged in research and development), wholesale enterprises and personal service enterprises are not permitted as tenants in incubators funded through this act. Up to 20% of the useful square footage of such a facility shall be occupied by an anchor tenant who does not meet these eligibility requirements.
Credits
1984, July 2, P.L. 555, No. 111, § 5, imd. effective. Amended 1986, July 9, P.L. 1193, No. 101, § 1, retroactive effective April 1, 1986.
73 P.S. § 395.5, PA ST 73 P.S. § 395.5
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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