Sec. 481.411. ANNUAL REPORT

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A participating financial institution shall submit an annual report to the bank. The report must:
(1) provide information regarding outstanding capital access loans, capital access loan losses, and any other information on capital access loans the bank considers appropriate;
(2) state the total amount of loans for which the bank has made a contribution from the fund under this subchapter;
(3) include a copy of the institution's most recent financial statement; and
(4) include information regarding the type and size of businesses and nonprofit organizations with capital access loans.

Added by Acts 1997, 75th Leg., ch. 1163, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 1.60, eff. Sept. 1, 2003.

                    
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