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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 489.306: ANNUAL REPORT BY PARTICIPATING FINANCIAL INSTITUTION.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 4. EXECUTIVE BRANCH
  3. SUBTITLE F. COMMERCE AND INDUSTRIAL DEVELOPMENT
  4. CHAPTER 489. TEXAS ECONOMIC DEVELOPMENT BANK
  5. SUBCHAPTER F. MICRO-BUSINESS DISASTER RECOVERY LOAN GUARANTEE PROGRAM

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.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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