Statutes, codes, and regulations
Hawaii Revised Statutes
Division 1 - GOVERNMENTTitle 13 - PLANNING AND ECONOMIC DEVELOPMENTChapter 201H - HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATIONPart III - FINANCING PROGRAMS
GENERAL PROVISIONS
Section 201H-NEW - [Newly enacted section not yet numbered] Authorization to secure lines of credit or other instruments of indebtedness

Haw. Rev. Stat. § 201H-NEW

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Current through the 2024 Legislative Session
Section 201H-NEW - [Newly enacted section not yet numbered] Authorization to secure lines of credit or other instruments of indebtedness

The corporation, subject to legislative approval, may secure a line of credit or other instrument of indebtedness to be used to meet the requirements of federal tax law for the bond volume cap recycling program; provided that the term of the authorized line of credit or other instrument of indebtedness shall correspond to each fiscal biennium budget period.

HRS § 201H-NEW

Added by L 2024, c 35,§ 2, eff. 7/1/2024.