Section 1336.76 - Unallowable loan activitiesThe following activities are among those activities not eligible for support under the revolving loan fund:
(a) Loans to the Loan Administrator or any representative or delegate of the Loan Administrator (section 803A(b)(5));(b) Loans which would create a potential conflict-of-interest for any officer or employee of the Loan Administrator; loan activities which directly benefit these individuals, or persons related to them by marriage, or law.(c) Eligible activities which are moved from the State of Hawaii;(d) Investing in high interest account, certificates of deposit or other investments;(e) Relending of the loan amount by the borrower;(f) The purchase of land or buildings;(g) The construction of buildings; and(h) Purchasing or financing equity in private businesses.