HRS §206E-120

Hiring help to manage loans

Read the official text at capitol.hawaii.gov ↗

The authority can hire someone to take care of its loans. The contract can pay for these services, but the fees must be normal and reasonable for the work done.

state agencies

The statute, as written — Loans; service and custody

A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.

The authority may contract for the service and custody of its loans. The contract may provide for the payment of fees or charges for the services rendered; provided that the fees or charges shall not exceed the usual, customary, and reasonable charges for the services rendered.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.