Section 349.105

Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Chapter 349

Effective - 22 Jun 1983, see footnote   

  349.105.  Annual report, contents. — No later than January thirty-first of each year, the issuing authority shall file a report with the department of economic development on the previous year's issuances, which report shall contain only the following information:

  (1)  The name and address of the issuing entity;

  (2)  The name, address, age, and type of business of the beneficiary firm;

  (3)  The amount, term, interest rate, and date of issuance of the bonds issued;

  (4)  The name and address of the underwriter, if any, of such bonds;

  (5)  A copy of the guaranty instrument, if any;

  (6)  The size, by assets and previous year's sales, and the current number of employees, of the beneficiary firm;

  (7)  A copy of the preliminary official statement used when offering the bonds for sale;

  (8)  The estimated number of new jobs to be generated by the proposed project;

  (9)  A list of the use of bond proceeds, including whether the purpose of the project and the funds generated by the issuance of such bonds is to open a new business, build a branch plant, expand an existing facility or acquire an existing business;

  (10)  The estimated total cost of the project.

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(L. 1982 H.B. 1411 & 1587, A.L. 1983 S.B. 316)

Effective 6-22-83