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This document is the Annual Library Financial Report prescribed by the State Board of Accounts for the French Lick-Melton Public Library in Orange County for the fiscal year that ended in 2009. It
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Obtain the LAR-1 form from the appropriate authority or website.
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What is LAR-1 (REVISED 2009)?
LAR-1 (REVISED 2009) is a form utilized by certain financial institutions to report their lending activities, particularly focusing on the demographic information of borrowers.
Who is required to file LAR-1 (REVISED 2009)?
Institutions that are subject to the Home Mortgage Disclosure Act (HMDA) are required to file LAR-1 (REVISED 2009), which includes banks, credit unions, and mortgage companies.
How to fill out LAR-1 (REVISED 2009)?
To fill out LAR-1 (REVISED 2009), institutions must gather data on loan applications, originations, purchases, and denials, and accurately categorize information such as loan type, purpose, and borrower demographics.
What is the purpose of LAR-1 (REVISED 2009)?
The purpose of LAR-1 (REVISED 2009) is to promote transparency in lending practices and to ensure compliance with fair lending laws by providing important demographic data on loan applicants.
What information must be reported on LAR-1 (REVISED 2009)?
The information that must be reported on LAR-1 (REVISED 2009) includes data such as loan amount, loan type, applicant's race, sex, and income, as well as the action taken on the application.
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