Haw. Code R. § 6-4-4 - Letter of intent

After receipt of the loan application and review procedures, a prospective project party shall furnish the department with a letter setting forth:

(1) The intention of the prospective project party to apply for a loan;

(2) The approximate principal amount of the loan to be requested;

(3) A general description of the project to be financed;

(4) The property, if any, proposed to be pledged to secure payment of the loan; and

(5) If the project involves new construction, an approximate timetable for the construction.

Notes

Haw. Code R. § 6-4-4

[Eff DEC 4, 1981] (Auth: HRS § 26-38) (Imp: HRS § 39A-32)