HAR §6-16-2. Definitions

For the purpose of this chapter: "Bonds" means the special purpose revenue bonds or special purpose revenue bond anticipation notes issued pursuant to part VII, chapter 39A, IIRS. "Loan" means the loan of the proceeds of bonds to a project party for the purposes authorized by part VII, chapter 39A, HRS. "Project" means a facility eligible under part VII, chapter 39A, HR~, to be financed or refinanced with the loan of the special purpose revenue bond proceeds and includes any property used primarily for the care and instruction of children from birth to age five; provided that it shall not include any property to be used primarily for sectarian instruction or study, or as a place for devotional activities or religious worship, or any property used primarily in 16-2 §6-16-7 connection with any part of a program of a school or department of divinity of any religious denomination. [Eff APR 1 1 2lni l (Auth: HRS ~26-38) (Imp: HRS Chapter 39A) §§6-16-3 to 6-16-5 (Reserved) SUBCHAPTER 2 APPLICATION PROCESS