Hawaii Revised Statutes 206E-121 – Loans; sale, pledge, or assignment

(a) Subject to any agreement with the holders of its revenue bonds, the authority may sell its loans at public or private sale at a price and upon terms and conditions as it determines.

Terms Used In Hawaii Revised Statutes 206E-121

Authority: means the Hawaii community development authority. See Hawaii Revised Statutes 206E-101
Revenue bonds: means bonds, notes, or other evidence of indebtedness of the authority issued to finance any of the reserved housing loan programs under this part. See Hawaii Revised Statutes 206E-101

(b) Subject to any agreement with the holders of its revenue bonds, the authority may pledge or assign its loans, other agreements, notes, or property to secure the loans or agreements.

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Hawaii Revised Statutes 206E-121 – Loans; sale, pledge, or assignment

Terms Used In Hawaii Revised Statutes 206E-121

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