A participating financial institution shall remit an annual report to the department containing the information required by Chapter 481, Subchapter BB, §481.411. The report must:
- (1) provide information with regard to outstanding capital access loans, capital access loan losses, and any other information consistent with the objectives of the program the department considers appropriate;
- (2) state the total amount of loans for which the department has made a contribution from the fund under the program; and
- (3) include a copy of the institution's most recent financial statement.
- (4) include information regarding the type and size of businesses and nonprofit organizations with capital access loans; and
- (5) provide a breakdown of the ethnicity and gender of eligible applicants enrolled in the program during the year being reported.
Source Note:The provisions of this §187.16 adopted to be effective September 15, 1997, 22 TexReg 8967.