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Texas Government Code - GOV'T § 481.411. Annual Report

Current as of January 01, 2024 | Updated by Findlaw Staff

A participating financial institution shall submit an annual report to the bank. The report must, at a minimum:

(1) provide information regarding outstanding loans, loan losses, and any other information related to participation in a program established under this subchapter 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 loans under this subchapter.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 481.411. Annual Report - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-481-411/

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