Bill Text: VA HB2170 | 2021 | 1st Special Session | Chaptered
Bill Title: Virginia Small Business Financing Authority; risk-based review of outstanding loans.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2021-03-18 - Governor: Acts of Assembly Chapter text (CHAP0147) [HB2170 Detail]
Download: Virginia-2021-HB2170-Chaptered.html
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.
