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Tex. Government Code § 489.306

ANNUAL REPORT BY PARTICIPATING FINANCIAL INSTITUTION

Texas · Texas Government Code · Status: effective

Banking, Finance & Insurance
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Tex. Government Code § 489.306, ANNUAL REPORT BY PARTICIPATING FINANCIAL INSTITUTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/655155
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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.