Haw. Rev. Stat. § 209-28
Purpose of loans
Hawaii · Hawaii Revised Statutes Chapter 209 — Disaster Relief and Rehabilitation · Status: effective
Cite this
- Citation
- Haw. Rev. Stat. § 209-28, Purpose of loans, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2401066
- Permanent ID
ys:prov:2401066@1- SHA-256
83e3edb5acd9f47c33033c3c9d0bb57481ea50a534a8040ac9423f795400a4d2
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
(a) Commercial loans may be made for the following purposes: to purchase inventory, equipment, and machinery; to construct, repair, or restore buildings; to provide operating funds; and to refinance outstanding business loans on equipment and buildings; provided that the loans shall be used to rehabilitate the business of the disaster victim as nearly as possible to its predisaster level; and provided further that the loans shall not be used to begin a business substantially different from the one the disaster victim was engaged in before the state disaster. Business concerns which were nonowners of buildings before the state disaster shall not be precluded from obtaining building loans under this part.
(b) Personal loans may be made for the purpose of meeting necessary expenses or to satisfy serious needs of individuals and families including reciprocal beneficiaries which arose as an immediate and direct result of a disaster.