Loans; default
HRS §201H-110
in effect201H-110. Loans; default
The corporation may:
(1) Renegotiate, refinance, or foreclose any loan in
default;
(2) Waive any default or consent to the modification
of the terms of any loan or security agreement;
(3) Commence any action to protect or enforce any
right conferred upon it by any law, mortgage, insurance policy, contract, or
other agreement;
(4) Bid for and purchase the property secured by the
loan at any foreclosure or other sale, or acquire or take possession of the
property secured by the loan; and
(5) Operate, manage, lease, dispose of, or otherwise
deal with the property secured by the loan.
[L 2006, c 180, pt of §4; am L
2017, c 12, §11]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: http://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0201H/HRS_0201H-0110.htmFetched: 11/10/2026