Section R20-3-104. Conditions of Participation

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If the Office decides to enter into a joint-venture activity with a pri- vate corporation, the corporation shall agree to the following condi- tions:

1.        The private corporation shall supply a minimum of 50% of the monies in cash or in kind for the joint-venture activity.

2.        The state shall pay no monies before receipt of the ser- vices.

3.        The Director of the Office shall be the final authority for all joint-venture activity.

Historical Note

Adopted effective October 19, 1983 (Supp. 83-5). R20-3- 104 recodified from R4-41-104 (Supp. 95-1). Amended effective March 5, 1997 (Supp. 97-1).

September 30, 1999 Page 1 Supp. 99-3

                    
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