HAR §10-3-49
HAR §10-3-49. Borrowed funds
Length: 57 wordsOfficial source
Cite as Haw. Code R. § 10-3-49
The department may
borrow funds for the purpose of making loans to lessees
of residence lots for purchasing, repairing,
maintaining, erecting or improving homes on Hawaiian
home lands. Such loans shall bear interest at the same
rate of interest as that paid by the department to the
lender, plus one-half of one percent per year. The
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