N.Y. State Finance Law § 242: Monitoring and reporting

§ 242. Monitoring and reporting. 1. The corporation shall require

periodic reports or other information the corporation deems necessary

from lenders and borrowers on the status of the linked loan and the

eligible projects to ensure compliance with the provisions and the

intent of this article.

2. On or before February first, two thousand ten, and annually

thereafter, the corporation shall submit to the governor, the temporary

president of the senate and the speaker of the assembly a report

regarding the activities of the programs. Such report shall include, but

shall not be limited to, the number and type of linked loans under each

of the programs and the amount thereof; the number and type of lenders

making linked loans and of borrowers receiving linked loans; the

geographic distribution of such lenders and borrowers; as well as any

information the corporation determines useful in evaluating the benefits

of the programs.