830 R.I. Code R. 830-RICR-10-25-1.7

Current through December 3, 2024
Section 830-RICR-10-25-1.7 - Reporting Requirements
A. Borrowers will be required to provide information to the Bank during the life of the loan including, but not limited to, the following:
1. A copy of the Borrower's Annual Audited Finance Statements in accordance with Generally Accepted Accounting Standards, annually within 180 days of the end of the fiscal year;
2. A copy of the Borrower's annual budget, within fifteen days of its adoption;
3. An annual schedule of current and projected short term and long term debt service;
4. An annual schedule of Capital Replacement Reserves;
5. Copies of reports submitted to the Rhode Island Department of Environmental Management, and any other regulatory agency relating to the projects financed;
6. During the construction period, an accounting of the monthly disbursements relating to the project; and
7. Other information or reports that the Bank deems appropriate.

830 R.I. Code R. 830-RICR-10-25-1.7