Current through November, 2024
Section 4-9-4 - Loan; eligibilityAn applicant for an aquaculture loan shall be:
(1) A qualified aquaculturalist;(2) A sound credit risk with ability to repay the money borrowed;(3) Willing to carry out recommended aquacultural management practices;(4) An adult resident of the State of Hawaii;(5) A corporation or aquacultural cooperative licensed to do business in Hawaii; or a partnership in which at least one partner is an adult resident of the State of Hawaii; and(6) Able to produce satisfactory credit references.[Eff 9/28/81] (Auth: HRS § 219-5) (Imp: HRS §§ 219-2, 219-6)