HRS §206E-121
Selling or pledging loans the authority holds
Read the official text at capitol.hawaii.gov ↗The authority can sell its loans, or use them as security for other loans, as long as it follows any agreements with its revenue bond holders. This section only covers these actions and does not set specific rules or deadlines.
state agencies
The statute, as written — Loans; sale, pledge, or assignment
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.
(a) Subject to any agreement with the holders of its revenue bonds, the authority may sell its loans at public or private sale at a price and upon terms and conditions as it determines. (b) Subject to any agreement with the holders of its revenue bonds, the authority may pledge or assign its loans, other agreements, notes, or property to secure the loans or agreements.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.