HAR §4-9-5
HAR §4-9-5. Restrictions
Cite as Haw. Code R. § 4-9-5
(a) No loan shall be made
for the production of any aquacultural product for the
purpose of selling or keeping of such animals as pets.
9-3
(b) No loan shall be made unless the applicant
has been unable to secure loans at reasonable rates
and terms from:
(1)
A private lender; and
(2)
A respective bank of the farm credit system;
or
(3)
The farmers home administration.
(c) The aggregate amount of the state's
liability, contingent or otherwise, on insured loans
made to qualified aquaculturalists by private lenders,
banks of the farm credit system, and the farmers home
administration shall not exceed limits set by
statutes.
(d) No real estate loans shall be made on
unsurveyed lands. [Eff 9/28/81] (Auth: HRS §219-5)
(Imp: HRS §219-6)