Section 73.5. Annual reporting requirement

Latest version.

Each industrial development agency shall submit annually to the Authority the following:
(1) Financial statements of the agency prepared by an independent certified public accountant. After reviewing the financial statements, the Authority may require an independent audit of the agency’s records.
(2) A list of the agency’s current officers.
(3) The agency’s current mailing address and telephone number.
(4) A statement of the current service fee charged by the agency.
(5) Copies of the agency’s current articles of incorporation and bylaws if they are amended during the previous year.
(6) A statement of the action taken by the agency with respect to the agency’s projects that are delinquent in repayment to the Authority.

Notation

Cross References

This section cited in 12 Pa. Code § 73.8 (relating to decertification).

                    
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