431:22-101 Definitions
431:22-102 Repealed
431:22-103 Establishment of loss mitigation grant program
431:22-104 Standards for the award of grants
431:22-105 Technical advisory committee

Terms Used In Hawaii Revised Statutes > Chapter 431 > ARTICLE 22 - LOSS MITIGATION GRANT PROGRAM

  • Commissioner: means the insurance commissioner. See Hawaii Revised Statutes 431:22-101
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • county: includes the city and county of Honolulu. See Hawaii Revised Statutes 1-22
  • Enterprise: includes any sole proprietorship, partnership, corporation, association, and any union or group of individuals associated for a particular purpose although not a legal entity. See Hawaii Revised Statutes 842-1
  • Loss mitigation: means actions undertaken to reduce losses that may result from a hazard. See Hawaii Revised Statutes 431:22-101
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes any individual or entity capable of holding a legal or beneficial interest in property and includes nonresident aliens. See Hawaii Revised Statutes 842-1
  • Racketeering activity: means any act or threat involving but not limited to murder, kidnapping, gambling, criminal property damage, robbery, bribery, extortion, labor trafficking, unlicensed sale of liquor, theft, or prostitution, or any dealing in narcotic or other dangerous drugs that is chargeable as a crime under state law and punishable by imprisonment for more than one year. See Hawaii Revised Statutes 842-1
  • Unlawful debt: means a debt incurred or contracted in an illegal gambling activity or business or which is unenforceable under state law in whole or in part as to principal or interest because of the law relating to usury. See Hawaii Revised Statutes 842-1
  • Usury: Charging an illegally high interest rate on a loan. Source: OCC
  • Wind resistive devices: means devices, techniques, and residential safe rooms, as identified and determined in accordance with § 431:22-104(b), that increase a building's or structure's resistance to damage from wind forces. See Hawaii Revised Statutes 431:22-101