HB2170: Virginia Small Business Financing Authority; risk-based review of outstanding loans.
Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 2.2-2312.1 as follows:
§ 2.2-2312.1. Risk-based review of outstanding loans; report.
The Authority shall conduct a risk-based review of all outstanding loans at least annually and report the results of such review to the Board.
HOUSE BILL NO. 2170
Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 2.2-2312.1 as follows:
§ 2.2-2312.1. Risk-based review of outstanding loans; report.
The Authority shall conduct a risk-based review of all outstanding loans at least annually and report the results of such review to the Board.