HAR §15-309-16. Non-compliance p enalties

Upon determination by the corporation of a qualified purchaser's non-compliance with program rules and requirements, the qualified purchaser shall be notified in writing and within sixty calendar days from the date of the notification, the qualified purchaser shall correct the non-compliance. The penalty for non-compliance with program rules and requirements is at the discretion of the corporation. In all cases, the corporation reserves the right to pursue all legal remedies to recapture the funds awarded, to seek specific performance, or other actions deemed necessary. lEff JAN 15 202 1 (Auth: SLH 2023, Act 92, $2) (Imp: SLH { | 2023, Act 92, §2) 309-9 3 5 2 7 Q:,:~ JAN 1 5 rio?A Filed DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM Chapter 15-309, Hawaii Administrative Rules, on the Summary Page dated December 26, 2023, was adopted on December 27, 2023, following a public hearing held on November 21, 2023, after public notice was given in the Honolulu Star- Advertiser, The Garden Island, The Maui News, West Hawaii Today, and Hawaii Tribune-Herald newspapers on October 20, 2023. The adoption of chapter 15-309 shall take effect ten days after filing with the Office of the Lieutenant Governor. APPROVED AS TO FORM: Deputy Attorney General uary fV/ac;tJer GARY MACKLER, Chairperson Hawaii Housing Finance and Development Corporation APPROVED: Q:,:~ Governor State of Hawaii Date: JAN 1 5 rio?A Filed 309-10 DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM Chapter 15-309, Hawaii Administrative Rules, on the Summary Page dated December 26, 2023, was adopted on December 27, 2023, following a public hearing held on November 21, 2023, after public notice was given in the Honolulu Star­ Advertiser, The Garden Island, The Maui News, West Hawaii Today, and Hawaii Tribune-Herald newspapers on October 20, 2023. The adoption of chapter 15-309 shall take effect ten days after filing with the Office of the Lieutenant Governor. APPROVED AS TO FORM: Deputy Attorney General Gary Maokler GARY MACKLER, Chairperson Hawaii Housing Finance and Development Corporation APPROVED: 2A Governor State of Hawaii Date: JAN 1 5 2024 Filed 309-10