Haw. Rev. Stat. § 516-151
Advance commitments program.
[L 1983, c 270, pt of §1; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 2005, c 196, §26(b); am L 2006, c 180, §16]
- (a) The corporation may contract with a mortgage lender for the advance commitment to purchase eligible loans.
- (b) The contract may contain provisions as determined by the corporation to be necessary or appropriate to provide security for its revenue bonds.
[L 1983, c 270, pt of §1; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 2005, c 196, §26(b); am L 2006, c 180, §16]