Effective: December 13, 2001
Latest Legislation: House Bill 405 - 124th General Assembly
Each participating financial institution shall submit an annual report to the department of development on or before the thirty-first day of March of each year. The report shall include or be accompanied by all of the following:
(A) Information regarding the participating financial institution's outstanding capital access loans, its capital access loan losses, and other related matters that the department considers appropriate;
(B) A statement of the total amount of the participating financial institution's capital access loans for which the department has made disbursements from the fund under the program;
(C) A copy of the participating financial institution's most recent financial statement.