HAR §4-9-9
HAR §4-9-9. Interest rate
Cite as Haw. Code R. § 4-9-9
(a) The interest rate
charged by the state shall be at five per cent simple
interest per annum.
(b) All loans shall bear simple interest on the
unpaid principal balance, charged on the actual amount
disbursed to the borrower. [Eff 9/28/81] (Auth: HRS
§219-5) (Imp: HRS §219-5, 7, 8)