Section 489.306 - Annual Report By Participating Financial Institution A participating financial institution shall submit an annual report to the bank. The report must:
(1) provide information regarding outstanding loan guarantees, loan guarantee losses, and any other information on loan guarantees under the program the bank considers appropriate;(2) state the total amount of loans that the bank has guaranteed under this subchapter;(3) include a copy of the financial institution's most recent financial statement; and(4) include information regarding the type and size of micro-businesses with loan guarantees.Tex. Gov't. Code § 489.306
Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 947,Sec. 1, eff. 6/18/2021.