HRS §206M-82
Insurance, loan guarantees, and letters of credit: purposes and priorities
Read the official text at capitol.hawaii.gov ↗This section says the development corporation can only get insurance, loan guarantees, or letters of credit for projects that fit the state's economic development goals. It must put the highest priority on projects most likely to create or keep jobs in Hawaii.
businesses
The statute, as written — Purposes and priorities required in the procuring of insurance, loan guarantees, or letters of credit
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) Insurance, guarantees, or letters of credit procured pursuant to section 206M-81 shall be procured only for economic development projects within the State that are consistent with the purposes and objectives of this part. (b) The development corporation shall give paramount priority in procuring insurance, guarantees, and letters of credit to economic development projects that have the greatest potential for creating new jobs or retaining current jobs within the State.
Sections this one refers to
§206M-81 Getting insurance or guarantees for loans and bonds
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.