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Current as of January 01, 2024 | Updated by Findlaw Staff
During each fiscal year of participation, financial institutions shall submit quarterly reports and a comprehensive annual report to the Mayor for the year. The reports shall:
(1) Provide information regarding outstanding capital access loans, capital access loan losses, and any other information on capital access loans that the Mayor considers appropriate;
(2) State the total amount of loans for which the financial institution has made a contribution from the fund 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 businesses and nonprofit organizations with enrolled loans.
Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 2-1210. Quarterly and annual reports. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-2-1210-09/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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