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Texas Government Code - GOV'T § 489.306. Annual Report by Participating Financial Institution

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:

(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.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 489.306. Annual Report by Participating Financial Institution - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-489-306/

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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