HAR §15-301-17

HAR §15-301-17. Acceleration of maturity of loan

Length: 73 wordsOfficial source

Cite as Haw. Code R. § 15-301-17

The occurrence of either of the following events shall be sufficient grounds for the corporation, at its option, to accelerate the maturity of the loan: (1) The eligible leaseho'lder ceases to occupy the residence as the eligible leaseholder's primary residence; or (2) Failure to respond within thirty days to the corporation's request to verify the continued occupancy of the eligible leaseholder. [Eff SEP 1 7 ?007 ] (Auth: HRS §201H-81) (Imp: HRS §2~1H-81)