HRS §211D-7
Limits on state money for loan reserve accounts
Read the official text at capitol.hawaii.gov ↗This section sets limits on how much the state can put into a bank's reserve account for a single borrower or loan. The state cannot put in more than $100,000 for one borrower over three years. For each loan, the state's deposit is capped at $35,000 or a percentage of the loan, whichever is less.
borrowersfinancial institutions
The statute, as written — Limitations on state contribution to reserve account
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) The amount deposited by the department into a participating financial institution's reserve account for any single loan recipient may not exceed $100,000 during a three-year period. (b) The maximum amount the department may deposit into a reserve account for each capital access loan made under this chapter is the lesser of $35,000 or an amount equal to: (1) Eight per cent of the loan amount if: (A) The borrower is an eligible enterprise zone business located in an area designated as an enterprise zone under chapter 209E; or (B) The borrower is a small or medium-size business or a nonprofit organization that operates or proposes to operate a child care facility or adult residential care home; or (2) Six per cent of the loan amount for any other borrower.
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