Note
Part heading amended by L 1976, c 205, §1(2).
§209-26 Administration. (a) Except as otherwise provided, the director of business, economic development, and tourism is designated as the administrator responsible for the administration of this part. The director shall:
(1) Administer loans for the purpose and according to this part; and
(2) Adopt rules to carry out the purposes of this part.
(b) The department may contract with any financial institution for services including servicing or administering loans pursuant to this section.
(c) For purposes of this section, "financial institution" means any organization authorized to do business under state or federal laws relating to financial institutions, including without limitation, banks, savings banks, savings and loan companies or associations, financial services loan companies, and credit unions. [L 1961, c 189, §12; am L 1963, c 2, §3; Supp, §98P-12; HRS §209-26; ree L 1976, c 205, §1(2); am L 1987, c 336, §7; am L 1990, c 293, §8; am L 1998, c 118, §6]
Cross References
Rules, see chapter 91.
Structure Hawaii Revised Statutes
Title 13. Planning and Economic Development
209. Disaster Relief and Rehabilitation
209-2 State disaster; determination by governor.
209-3 Duties of state and county department heads.
209-4 Rehabilitation coordinator; authority.
209-6 Relation to other agencies.
209-7 Closing of application date; position of coordinator terminated.
209-8 Consideration of other recoveries.
209-10 Agricultural water systems; emergency power.
209-17 Use of funds in relation to federal projects.
209-27 Types of loans; participation.