261A.21  Annual report.

The authority shall keep an accurate account of its activities and shall annually provide a report of its activities to the governor and the members of the general assembly. The report is a public record and open for inspection at the offices of the authority during normal business hours. The report shall include all of the following:

1.  Summaries of applications by institutions of higher education for education loan financing assistance presented to the authority during the fiscal year.

2.  Summaries of education loan programs which have received any form of financial assistance from the authority during the year.

3.  The nature and amount of all assistance.

4.  A report concerning the financial condition of the various education loan series portfolios.

5.  Projected activities of the authority for the next fiscal year, including projections of the total amount of financial assistance anticipated and the amount of obligations that will be necessary to provide the projected level of assistance during the next fiscal year.

Section History: Early form

  [82 Acts, ch 1031, § 21]

Internal References

  Referred to in § 261A.24


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