Section 63N-3-803 - Annual accounting(1) The office shall monitor the activities of recipients of the loans and loan guarantees issued under this part on a yearly basis to ensure compliance with the terms and conditions imposed on the recipient by the office under this part.(2) An entity receiving a loan or loan guarantee under this part shall provide the office with an annual accounting of how the money it received from the fund was spent.(3) The office shall include the following information in the office's annual written report described in Section 63N-1a-306:(a) an accounting of expenditures made from the fund; and(b) an evaluation of the effectiveness of the loan and loan guarantee program.Renumbered as §63N-3-803 by Chapter 22, 2022 General Session ,§ 3, eff. 7/1/2022.Amended by Chapter 371, 2014 General Session ,§ 19, eff. 5/13/2014.Renumbered from 9-4-1603 and amended by Chapter 212, 2012 General Session ,§ 128, eff. 7/1/2012.Amended by Chapter 246, 2012 General Session ,§ 3, eff. 5/8/2012.Enacted by Chapter 217, 2011 General Session