HRS §516-172
Loans; sale, pledge, or assignment
Read the official text at capitol.hawaii.gov ↗This section lets the corporation sell, pledge, or assign its loans and related property, but only if its revenue bond agreements allow it. The corporation decides the price and terms. It is a narrow rule about what the corporation may do with its loans.
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The statute, as written — Loans; sale, pledge, or assignment
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) Subject to any agreement with the holders of its revenue bonds, the corporation may sell its loans at public or private sale at a price and upon terms and conditions as it determines. (b) Subject to any agreement with the holders of its revenue bonds, the corporation may pledge or assign its loans, other agreements, notes, or property to secure the loans or agreements.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.