3.10.1. Program Objectives
A program may have very focused and specific objectives, or its objectives may be extremely broad. An oil and gas DPP, for example, may be an exploratory, developmental, or income program, or all three. A program may be a “blind pool” offering, in which viable properties have not yet been explored or identified for purchase, or the program may have specific properties already in mind. An equipment leasing program may lease a diverse variety of equipment, such as manufacturing, mining, and transportation, or it may focus on a single industry, such as farming. Obviously,