(a) The corporation may make or contract directly with mortgage lenders to fund eligible loans.
(b) The contract may contain provisions as determined by the corporation to be necessary or appropriate to provide security for its revenue bonds.
Haw. Rev. Stat. § 516-161
Eligible loan funding program
L 1983, c 270, pt of §1; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 2005, c 196, §26(b); am L 2006, c 180, §16
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.