Tex. Gov't Code Section 489.306
Annual Report by Participating Financial Institution

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


provide information regarding outstanding loan guarantees, loan guarantee losses, and any other information on loan guarantees under the program the bank considers appropriate;


state the total amount of loans that the bank has guaranteed under this subchapter;


include a copy of the financial institution’s most recent financial statement; and


include information regarding the type and size of micro-businesses with loan guarantees.
Added by Acts 2021, 87th Leg., R.S., Ch. 947 (S.B. 1465), Sec. 1, eff. June 18, 2021.

Source: Section 489.306 — Annual Report by Participating Financial Institution, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­489.­htm#489.­306 (accessed Jun. 5, 2024).

Jun. 5, 2024

§ 489.306’s source at texas​.gov