Current through November, 2024
Section 4-8-15 - Emergency loansThe board may implement an emergency loan program under the following circumstances:
(1) The emergency shall involve significant economic loss of an agricultural commodity or significant damage to agriculture in a county or an island;(2) Loans are not available from any other agency of the state, federal, or county governments, and private lenders are unwilling to lend under emergency conditions; and(3) The governor has proclaimed an emergency.[Eff 1/31/85; comp 9/20/86] (Auth: HRS § 155-4) (Imp: HRS § 155-9)