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122.605 Annual report.

122.605 Annual report.

Each participating financial institution shall submit an annual report to the department of development on or before the thirty-first day of March of each year. The report shall include or be accompanied by all of the following:

(A) Information regarding the participating financial institution’s outstanding capital access loans, its capital access loan losses, and other related matters that the department considers appropriate;

(B) A statement of the total amount of the participating financial institution’s capital access loans for which the department has made disbursements from the fund under the program;

(C) A copy of the participating financial institution’s most recent financial statement.

Effective Date: 12-13-2001

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