Haw. Rev. Stat. § 206M-81

Current through Chapter 253 of the 2024 Legislative Session

Section 206M-81 - Financial assistance

The development corporation, through the program for capital access, may:

(1) Procure insurance, a guarantee, or a letter of credit from any source for all or a part of a loan, debenture, or lease of others, public or private, or a revenue bond issue of the State or other entity or authority authorized by law to issue revenue bonds; and

(2) Procure insurance, a guarantee, or a letter of credit for either a single loan, debenture, or lease or for any combination of loans, debentures, or leases, or a single revenue bond issue or for all or a part of any combination of revenue bond issues.

HRS § 206M-81

Added by L 2019, c 56,§ 2, eff. 6/7/2019.