{"data":{"id":"us-hi/haw.-rev.-stat.-211d-4","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 211D-4","heading":"Rulemaking authority.","body":"(a) The department shall adopt rules relating to the implementation of the program and any other rules necessary to accomplish the purposes of this chapter. The rules may:\n\n(1) Provide for criteria under which a certain line of credit issued by an eligible financial institution to a small or medium-sized business or nonprofit organization qualifies to participate in the program; and\n\n(2) Authorize a consortium of financial institutions to participate in the program subject to common underwriting guidelines.\n\n(b) To qualify for participation in the program, a line of credit shall:\n\n(1) Be an account at a financial institution under which the financial institution agrees to lend money to a person from time to time to finance one or more projects, activities, or enterprises that are authorized by this chapter; and\n\n(2) Contain the same restrictions, to the extent possible, that are placed on a capital access loan that is not a line of credit.","path":["HI Code","Division 1","Title 13","Chapter 211D"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0211D/HRS_0211D-0004.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"9de011f2ad7acf0cbebd6f607ff545a2e9f7c35de4fb3d295c488ce902fd3e7a","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-211d-3","next":"us-hi/haw.-rev.-stat.-211d-5"},"notice":"GroundRules: Original legal text. Not legal advice."}