Haw. Code R. § 6-10-2

Current through November, 2024
Section 6-10-2 - Definitions

As used in this chapter:

"Bonds" means the special purpose revenue bonds or special purpose revenue bond anticipation notes issued pursuant to part V, chapter 39A, Hawaii Revised Statutes;

"Department" means the department of budget and finance, State of Hawaii;

"Loan" means the loan of the proceeds of bonds to a project party for the purposes authorized by part V, chapter 39A, Hawaii Revised Statutes;

"Loan application and review procedures" means the set of instructions, forms, guidelines, terms, and conditions governing the application to the department for assistance under part V, chapter 39A, Hawaii Revised Statutes, and the granting of the assistance by the department;

"Project" means any combination of land, buildings, and other improvements thereon, for use as an industrial enterprise, including, without limiting the generality of the foregoing, machinery, equipment, furnishings, and apparatus which shall be deemed necessary, suitable, or useful to such enterprise;

"Project agreement" means any agreement entered into under part V of chapter 39A, Hawaii Revised Statutes, by the department with a project party to finance, construct, operate, or maintain an industrial plant from the proceeds of special purpose revenue bonds, including without limitation any loan agreement;

"Project party" means a person, firm, or corporation qualified to do business in this State and conducting or proposing to conduct an industrial enterprise in this State;

"State" means the State of Hawaii.

Haw. Code R. § 6-10-2

[Eff AUG 12, 1985] (Auth: HRS § 26-38) (Imp: HRS § 39A-151)