Haw. Rev. Stat. § 206-32
Subordination of mortgage to agreement with government
Hawaii · Hawaii Revised Statutes Chapter 206 — Oahu Land Development · Status: effective
Cite this
- Citation
- Haw. Rev. Stat. § 206-32, Subordination of mortgage to agreement with government, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2400645
- Permanent ID
ys:prov:2400645@1- SHA-256
18e7c80ea9ad482514cd780d908f9fa2a6c82dc6021fde49ce1ce0caa20eedfb
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The board of land and natural resources may agree in any mortgage made by it that the mortgage shall be subordinate to a contract for the supervision by a government of the operation and maintenance of the mortgaged property and the construction of improvements thereon. In that event, any purchaser or purchasers at a sale of the property of the board pursuant to a foreclosure of the mortgage or any other remedy in connection therewith, shall obtain title to the contract.