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Hawaii · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Haw. Rev. Stat. § 206M-70: [ §206M-70] Limitations on debt owed to the development corporation.

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Where this section sits in the code
  1. HI Code
  2. Division 1
  3. Title 13
  4. Chapter 206M

[ §206M-70] Limitations on debt owed to the development corporation. Not more than $5,000,000 in financial assistance, excluding rights and royalties under a venture capital agreement, shall be provided to any one enterprise at any time under this part. The direct investments of the development corporation shall not exceed five per cent of the assets of the development corporation, excluding rights and royalties under a venture capital agreement; provided that by a two-thirds vote of the board, this amount may be increased to a limit of twenty-five per cent of the total assets of the development corporation.

Collected 2026-09-14T18:32:11Z. Source file · JSON

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