§ 4746. — Reports.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC4746]
TITLE 12--BANKS AND BANKING
CHAPTER 47--COMMUNITY DEVELOPMENT BANKING
SUBCHAPTER II--SMALL BUSINESS CAPITAL ENHANCEMENT
Sec. 4746. Reports
(a) Reserve funds report
On or before the last day of each calendar quarter, a participating
State shall submit to the Fund a report of contributions to reserve
funds made by the participating State during the previous calendar
quarter. If the participating State has made contributions to one or
more reserve funds during the previous quarter, the report shall--
(1) indicate the total amount of such contributions;
(2) indicate the amount of contributions which is subject to
reimbursement, which shall be equal to the total amount of
contributions, unless one of the limitations contained in section
4747 of this title is applicable;
(3) if one of the limitations in section 4747 of this title is
applicable, provide documentation of the applicability of such
limitation for each loan for which the limitation applies; and
(4) include a certification by the participating State that--
(A) the information provided in accordance with paragraphs
(1), (2), and (3) is accurate;
(B) funds in an amount meeting the minimum requirements of
section 4743(b)(3) of this title continue to be available and
legally committed to contributions by the State to reserve
funds, less any amount that has been contributed by the State to
reserve funds subsequent to the State being approved for
participation in the Program;
(C) there has been no unapproved amendment to any
participation agreement or the form of participation agreements;
and
(D) the participating State is otherwise implementing the
Program in accordance with this subchapter and regulations
issued pursuant to section 4749 of this title.
(b) Annual data
Not later than March 31 of each year, each participating State shall
submit to the Fund annual data indicating the number of borrowers
financed under the Program, the total amount of covered loans, and
breakdowns by industry type, loan size, annual sales, and number of
employees of the borrowers financed.
(c) Form
The reports and data filed pursuant to subsections (a) and (b) of
this section shall be in such form as the Fund may require.
(Pub. L. 103-325, title II, Sec. 256, Sept. 23, 1994, 108 Stat. 2212.)
Section Referred to in Other Sections
This section is referred to in section 4747 of this title.
