Hawaii § 210D-10 - Terms of loans.
Full text of Hawaii Hawaii Revised Statutes § 210D-10 — Terms of loans., with citation guidance and answers to common questions.
§ 210D-10. Terms of loans.
Loans shall be made to qualified applicants with the following terms and conditions: (1) The amount of the outstanding balance on all loans issued under this chapter to any one applicant at any one time shall not exceed $250,000; (2) The maximum term of a loan shall not exceed ten years; (3) Each loan shall bear simple interest at a rate of not less than three and not more than ten per cent a year, depending on the nature of the loan; and (4) The commencement date for the repayment of the first installment on principal and interest of each loan may be deferred by the director of business, economic development, and tourism for a period not to exceed two years. [L 1990, c 111, pt of §2; am L 1996, c 192, §10; am L 2009, c 124, §7; am L 2024, c 68, §1] Previous Vol04_Ch0201-0257 Next
Source: official Hawaii text · Last verified 2026-08-27
Frequently Asked Questions About Hawaii § 210D-10
What does Hawaii Revised Statutes § 210D-10 cover?
Section 210D-10 ("Terms of loans.") is part of the Hawaii Revised Statutes, the codified statutory law of Hawaii. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Hawaii § 210D-10?
A common citation format is "Hawaii Revised Statutes § 210D-10" (Hawaii). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Hawaii law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Hawaii official source linked on this page or consult a licensed Hawaii attorney.
How does Hawaii § 210D-10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Hawaii can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Hawaii.