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Haw. Rev. Stat. § 514D-6

Loans; eligibility

Hawaii · Hawaii Revised Statutes Chapter 514D · Status: effective

Banking, Finance & Insurance
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Haw. Rev. Stat. § 514D-6, Loans; eligibility, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2427783
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The authority may make loans directly to a condominium association that has: (1) Received at least one letter from a financial institution declining its eligibility for a loan to address maintenance or insurance coverage issues; and (2) Obtained full replacement property and hurricane insurance coverage or intends to do so as a condition of any financing received.