§ 242 — Monitoring and reporting

§ 242. Monitoring and reporting. 1. The corporation shall require\nperiodic reports or other information the corporation deems necessary\nfrom lenders and borrowers on the status of the linked loan and the\neligible projects to ensure compliance with the provisions and the\nintent of this article.\n 2. On or before February first, two thousand ten, and annually\nthereafter, the corporation shall submit to the governor, the temporary\npresident of the senate and the speaker of the assembly a report\nregarding the activities of the programs. Such report shall include, but\nshall not be limited to, the number and type of linked loans under each\nof the programs and the amount thereof; the number and type of lenders\nmaking linked loans and of borrowers receiving linked loans; the\ngeographic distribution of such lenders and borrowers; as well as any\ninformation the corporation determines useful in evaluating the benefits\nof the programs.\n