HAR §15-3-2. Definitions

As used in this chapter, unless a different meaning clearly appears in the context: “Adult residential care home” means a duly licensed facility providing twenty-four hour living accommodations, for a fee, to adults unrelated to the family, who require at least minimal assistance in the activities of daily living, but who do not need the services of an intermediate care facility. 3-2 §15-3-2 “Capital access loan” means a loan that is entitled to be secured by the fund; “Child care facility” means a duly licensed or registered child care facility maintained by any individual, organization or agency, that charges a fee, for the purpose of providing care for children. It includes a family child care home, group child care home, and group child care center; “Department” means the department of business, economic development, and tourism; “Fund” means the Hawaii capital loan revolving fund established in section 210-3, HRS; “Lender” means a financial institution including a bank, trust company, banking association, savings and loan association, mortgage company, investment bank, credit union, or nontraditional financial institution; “Loan” includes, but is not limited to a line of credit; “Medium-sized business” means a for profit corporation, limited liability company, partnership, limited liability partnership, sole proprietorship, or other legal entity that: (1) Is domiciled and authorized to do business in Hawaii; and (2) Employs one hundred (100) or more but fewer than five hundred (500) full-time employees in Hawaii; “Nonprofit organization” means a private, nonprofit, tax-exempt corporation, association, or organization qualified under section 501(c)(3), Internal Revenue Code of 1986, as amended, that is domiciled in Hawaii; “Program” means the Hawaii Capital Access Program; “Reserve account” means an account established with a lender with the approval of the department, in which money is deposited to serve as a source of additional revenue to reimburse the lender for losses on loans enrolled in the program; 3-3 §15-3-3 “Small-sized business” means a for profit corporation, limited liability company, partnership, limited liability partnership, sole proprietorship, or other legal entity that: (1) Is domiciled and authorized to do business in Hawaii; (2) Is independently owned and operated; and (3) Employs fewer than one hundred (100) full- time employees in Hawaii. [Eff. ] (Auth: HRS §§211D-2 and 211D-4) (Imp: HRS §§211D-1, 211D-2, and 211D-4)