# Sec. 10-149. Reporting requirements; failure to meet loan funding

Codified through Bill No. CB-018-2026, adopted May 12, 2026, effective July 24, 2026. Source: Municode, Supplement 2026 Update 2. Editorial notes and legislative history omitted.

## Sec. 10-149. Reporting requirements; failure to meet loan funding

Prince George's County, Md., Code § 10-149 (2026)

(a) Each bank participant shall comply with annual reporting requirements, including but not limited to, statistics on the number and dollar amount of loans originated during the reporting year and the total amount of loans outstanding.

(b) The Director of Finance shall issue an annual report to the County Council to include documenting lending activity and job creation.

(c) In the event that any bank participant does not meet its loan funding goal during any reporting year, the County shall have the right to withdraw the deposit in accordance with a process defined by the regulations promulgated by the Director of Finance.