HAR §6-17-2. 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 Vlll, chapter 39A, HRS. "Loan" means the loan of the proceeds of bonds to a project party for the purposes authorized by part VIII, chapter 39A, HRS. "Project" means a facility eligible under part VIII, chapter 39A, HRS, to be financed or refinanced with the loan of the special purpose revenue bond proceeds and includes any property used primarily for private nonsectarian and 17-2 §6-17-7 sectarian elementary schools, secondary schools, colleges and universities serving the general public; 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 connection with any part of a program of a school or department of divinity of any religious denomination. [Eff ,APR 1 1 2D1J§ ] (Auth: HRS §2G-38) (Imp: HRS Chapter 39A) §§6-17~ 3 to 6-I 7-5 (Reserved) SUBCHAPTER 2 APPLICATION PROCESS