{"data":{"id":"us-hi/haw.-rev.-stat.-211d-7","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 211D-7","heading":"Limitations on state contribution to reserve account.","body":"(a) The amount deposited by the department into a participating financial institution's reserve account for any single loan recipient may not exceed $100,000 during a three-year period.\n\n(b) The maximum amount the department may deposit into a reserve account for each capital access loan made under this chapter is the lesser of $35,000 or an amount equal to:\n\n(1) Eight per cent of the loan amount if:\n\n(A) The borrower is an eligible enterprise zone business located in an area designated as an enterprise zone under chapter 209E; or\n\n(B) The borrower is a small or medium-size business or a nonprofit organization that operates or proposes to operate a child care facility or adult residential care home; or\n\n(2) Six per cent of the loan amount for any other borrower.","path":["HI Code","Division 1","Title 13","Chapter 211D"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0211D/HRS_0211D-0007.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"b66486baf332851291eeb92d23c77f9119a786a6cd5faf62f2811186eba64618","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-211d-6","next":"us-hi/haw.-rev.-stat.-211d-8"},"notice":"GroundRules: Original legal text. Not legal advice."}
