Current through November, 2024
Section 4-8-46 - Repayment(a) Loans made shall be repaid in accordance with the terms of the note and payments shall be applied first to interest then to principal.(b) The department shall transmit repayments to the State and County of Hawaii in accordance with appropriate contractual agreements.(c) Additional payments in any sums, or the payment of the entire principal may be made at any date within the time period of the loan without penalty.[Eff and comp 9/20/86] (Auth: SLH 1972, Act 197, §3) (Imp: SLH 1972, Act 197, §3)