Sec. 489.306.  ANNUAL REPORT BY PARTICIPATING FINANCIAL INSTITUTION.  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.
Added by Acts 2021, 87th Leg., R.S., Ch. 947 (S.B. 1465), Sec. 1, eff. June 18, 2021.