HAR §4-8-46
HAR §4-8-46. Repayment
Cite as Haw. Code R. § 4-8-46
(a) Loans made shall be
repaid in accordance with the terms of the note and
payments shall be applied first to interest then to
principal.
(b) The department shall transmit repayments to
the State and County of Hawaii in accordance with
appropriate contractual agreements.
(c) Additional payments in any sums, or the
payment of the entire principal may be made at any
date within the time period of the loan without
penalty. [Eff and comp 9/20/86] (Auth: SLH 1972,
Act 197, §3) (Imp: SLH 1972, Act 197, §3)