Financial assistance program; source of funds.

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§201C-3 Financial assistance program; source of funds. (a) All moneys to carry out the purposes of the financial services assistance program under this chapter shall be allocated by the legislature through appropriations out of the Hawaii capital loan revolving fund established pursuant to section 210-3. The department shall include in its budgetary request for each upcoming fiscal period, the amounts necessary to effectuate the purposes of this section.

(b) All moneys received in repayment of loan principal, payment of interest, or fees, under this chapter shall be deposited to the credit of the Hawaii capital loan revolving fund established pursuant to section 210-3. [L 1990, c 107, pt of §3; am L 1993, c 280, §17; am L 1998, c 176, §14]

Note

Section 210-3 referred to in text is repealed.


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