HRS §206E-122
Getting insurance for loans the authority makes
This section lets the authority buy insurance or guarantees to protect against loan defaults. It can choose the amount and the insurer or guarantor. This is a simple permission, not a detailed rule.
state agencies
The statute, as written — Loans; insurance and guarantees
The authority may procure insurance or guarantees against any default of its loans, in amounts and from insurers or guarantors, as it deems necessary or desirable.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.