HRS §211D-11
State not responsible for capital access loans
Read the official text at capitol.hawaii.gov ↗The State will not pay back a capital access loan if the borrowing business fails to pay. This section protects the State from being sued by the lender for unpaid principal, interest, or late fees. It only applies to loans made under this chapter.
financial institutions
The statute, as written — State liability prohibited
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 State is not liable to a participating financial institution for payment of the principal, the interest, or any late charges on a capital access loan made under this chapter.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.