HAR §4-8-27. Borrower's responsibilities

Each borrower or guarantor shall: 8-15 (1) Submit to the division an annual financial statement during the life of the loan and interim statements and reports as may be requested by the division; (2) Comply with the term loan agreement, which may be amended from time to time with approval by the division; (3) Keep the division informed on any and all changes on security and other major changes in the operation; (4) Promptly provide information and documents to the division upon request; and (5) Repay loans made under the agricultural loan program in accordance with the terms of the promissory note. [Eff 1/31/85; comp 9/20/86] (Auth: HRS §155-4) (Imp: HRS §§155-4, 155-12, 155-13)