HAR §10-3-65
HAR §10-3-65. Payments
Cite as Haw. Code R. § 10-3-65
(a) The department shall pay
to the appropriate recipient as specified in section
209 of the act or to the previous lessee, as the case
may be, the appraisal value less:
(1)
Any indebtedness to the department;
(2)
Taxes;
(3)
Any other indebtedness the payment of which
has been assured by the department;
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§10-3-65
(4)
Any costs incurred by the department for the
upkeep and cleaning of the leased premises;
and
(5)
Any costs incurred by the department for the
removal of any crops or improvements.
(b)
Payments provided in subsection (a) shall be
made out of the loan funds and shall be considered an
advance therefrom, reimbursable out of payments by the
transferee or new lessee to the tract involved.
(c)
The department may make the payment only
after a new lessee is found and upon commencement of
the new lease. [Eff 7/30/81; am 2/3/83; am and comp
10/26/98] (Auth: HHC Act §222) (Imp: HHC Act §209)