§ 207-1 Authorization for loans
§ 207-2 Qualifications for loans
§ 207-3 Purpose for and terms of loans
§ 207-4 Contract with lending institution
§ 207-5 Rules and regulations
§ 207-6 Bond authorization

Terms Used In Hawaii Revised Statutes > Chapter 207 > Part I - Home Loans for Low Income Home Buyers On State Land

  • Contract: A legal written agreement that becomes binding when signed.
  • county: includes the city and county of Honolulu. See Hawaii Revised Statutes 1-22
  • Dependent: A person dependent for support upon another.
  • Ex officio: Literally, by virtue of one's office.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Quorum: The number of legislators that must be present to do business.