1-16B-48. Annual reports of authority--Contents.
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/sd/title-1/chapter-1-16/1-16b-48A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The authority shall submit annual reports. The reports shall include:
(1)Its operations and accomplishments;
(2)Its receipts and expenditures during the previous fiscal year;
(3)Its assets and liabilities at the end of the previous fiscal year, including a schedule of its mortgage loans and commitments and the status of reserve, special, or other funds;
(4)A schedule of the outstanding notes and bonds and a statement of the amounts redeemed and incurred during the previous fiscal year.