HAR §4-8-31
HAR §4-8-31. Application of payment
Cite as Haw. Code R. § 4-8-31
(a) Refund and
canceled undisbursed funds shall be applied to the
principal and returned to the loan revolving fund.
(b)
The department may apply payment to any loan
outstanding in the case of a borrower with multiple
loans from the department. [Eff 1/31/85; comp
9/20/86] (Auth: HRS §155-4) (Imp: HRS §§155-4,
155-13)