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Tex. Gov't Code § 481.411

ANNUAL REPORT

Added by Acts 1997, 75th Leg., ch. 1163, Sec. 1, eff

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.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.