Current through November, 2024
Section 4-9-10 - Disbursements(a) Disbursement shall be made only after proper documentation, recordation, and filing at the bureau of conveyances is completed.(b) Disbursement of loan funds shall require approval of the division.(c) Loan funds shall be disbursed through deposit in a special supervised account, in the borrower's bank of account, or the bank of his choice except in special single disbursement or through escrow.[Eff 9/28/81] (Auth: HRS § 219-5) (Imp: HRS § 219-4, 5, 7, 8)