Hawaii · statute · Haw. Rev. Stat. ch. 155 · 19 active provisions
Whenever used in this chapter: "Biosecurity" means a system that serves to protect the health of livestock, poultry, and humans from diseases, pests, and pathogens and measures that prevent disease causing agents from entering, spreading, or leaving the farm premises. "Cooperative" means a nonprofit association of farm…
One of the objectives of the department of agriculture and biosecurity shall be to promote the agricultural development of the State by stimulating, facilitating, and granting loans to qualified farmers and food manufacturers. The department shall encourage the growth, development, and well-being of agriculture in the…
Loans authorized by this chapter shall require one credit denial. This requirement shall be waived for new farmer loans for $100,000 or less for farm trainees and recent college graduates with a degree in agriculture. This requirement may also be waived by the board of agriculture and biosecurity for emergency loans. C…
The department of agriculture and biosecurity shall have the following powers: (1) Employ a secretary, who may be exempt from chapter 76, and other full-time and part-time employees, subject to chapter 76, as are necessary to effectuate the purposes of this chapter; (2) Designate agents throughout the State as may be n…
(a) The department of agriculture and biosecurity may insure up to ninety per cent of the principal balance of a loan, plus interest due thereon, made to a qualified farmer, qualified new farmer, or qualified food manufacturer by a private lender who is unable to otherwise lend the applicant sufficient funds at reasona…
(a) The department of agriculture and biosecurity may guarantee up to ninety per cent of the principal balance of a loan, plus interest due thereon, made to a qualified farmer, qualified food manufacturer, or cooperative by a private lender; provided that at no time shall the aggregate amount of the State's liability,…
(a) From July 1, 2009, the chairperson of the board of agriculture and biosecurity may guarantee loans made by commercial lenders authorized to do business in this State, to agricultural producers for the purpose of developing and implementing agricultural projects; provided that the chairperson of the board of agricul…
(a) The department of agriculture and biosecurity may provide funds for a share, not to exceed ninety per cent, of the principal amount of a loan made to a qualified farmer, qualified new farmer, or qualified food manufacturer by a private lender who is unable otherwise to lend the applicant sufficient funds at reasona…
(a) The department of agriculture and biosecurity, for a fee, may underwrite and service loans for cooperating private lenders and government loan programs providing loan funds to qualified farmers and qualified food manufacturers. All fees shall be deposited into the general fund. (b) Loans underwritten or serviced un…
(a) The department of agriculture and biosecurity may make loans directly to qualified farmers, qualified new farmers, or qualified food manufacturers who are unable to obtain sufficient funds at reasonable rates from private lenders either independently or under sections 155-5, 155-5.5, and 155-6. (b) Loans made under…
(a) Loans made under this chapter shall be for the purposes and in accordance with the terms specified in classes "A" through "K" in this section and shall be made only to applicants who meet the eligibility requirements specified therein and except as to class "B" loans to associations and class "E" loans, the eligibi…
To be eligible for loans under this chapter, an applicant shall be: (1) A qualified farmer, a person under the new farmer program, or a part-time farmer; (2) A citizen of the United States who has resided in the State for at least three years, or any permanent resident alien who has resided in the State for at least th…
(a) Loans made under this chapter may be secured by duly recorded first mortgages upon the following property within the State: (1) Fee simple land; (2) Leaseholds of land where the lease has an unexpired term at least two years longer than the term of the loan; (3) Crops, livestock, and equipment; and (4) Other chatte…
Every borrower who is granted a loan under this chapter shall comply with the following conditions: (1) Expend no portion of the borrower's loan for purposes other than those sanctioned by the department of agriculture and biosecurity; (2) Carry out recommended management practices, including the keeping of proper reco…
(a) Loans made under this chapter shall be repaid in accordance with a payment plan specified by the lender, with payments applied first to interest and then to principal. (b) 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. (c) The len…
(a) There is created a special fund to be known as the agricultural loan revolving fund, from which moneys shall be loaned by the department of agriculture and biosecurity under this chapter. The department, by its board of agriculture and biosecurity, may transfer moneys from the agricultural loan revolving fund to th…
As used in this part: "Department" means the department of agriculture and biosecurity. "Water infrastructure charge" means the on-bill charges for the use and services of the loan program, including the repayment of loans made under the loan program to be imposed on water utility customers. "Water infrastructure equip…
There is established a Hawaii water infrastructure loan program, which shall be a loan program as defined under section 39-51. The program shall be administered by the department in a manner consistent with chapter 39, part III. This loan program may include: (1) Loans made, on terms approved by the department, to: (A)…
The department shall have the following powers: (1) Make loans and expend funds to finance the purchase or installation of water infrastructure equipment for dams, reservoirs, hydroelectric pumping, storm water reclamation, ditch maintenance, spillways, wells, water ducts, water distribution systems, and water tanks; (…