HRS §514D-18

State not responsible for community development loans

Read the official text at capitol.hawaii.gov ↗

This section says the State of Hawaii cannot be held responsible for paying back loans that community development financial institutions make to qualified condominium associations under this part. The State does not guarantee the loan's principal, interest, or late fees.

condominium associationsfinancial institutionsstate agencies

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 shall not be liable to a participating community development financial institution for payment of the principal, interest, or any late charges on a loan made by a participating community development financial institution to a qualified condominium association under this part.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.