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§ 2908. Reporting and inspection

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: June 22, 2017

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 12 Pa.C.S.A. Commerce and Trade (Refs & Annos)
Part III. Economic Development Programs
Chapter 29. Machinery and Equipment Loans (Refs & Annos)
Effective: June 22, 2017
12 Pa.C.S.A. § 2908
§ 2908. Reporting and inspection
Currentness
(a) Inspection.--Each business enterprise which applies for or receives assistance under this chapter shall, upon request, permit authorized employees of the authority or its agent to inspect the plant, books and records of the business enterprise.
(b) Updating.--Each business enterprise shall update the information given to the authority in its application if conditions change or to the extent that the information given originally becomes inaccurate or misleading.
(c) Periodic reports.--Each recipient of assistance under this chapter shall provide the authority with periodic financial reports as the authority may require until such time as the loan is paid off.

Credits

2004, Feb. 12, P.L. 99, No. 12, § 2, effective upon publication of guidelines required by 12 Pa.C.S.A. § 2912 [Dec. 30, 2004]. Amended 2014, Oct. 22, P.L. 2569, No. 161, § 8, effective Nov. 1, 2014; 2017, June 22, P.L. 202, No. 7, § 2, imd. effective.
12 Pa.C.S.A. § 2908, PA ST 12 Pa.C.S.A. § 2908
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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