§206M-15.6 - Hawaii technology loan revolving fund.
[§206M-15.6] Hawaii technology loanrevolving fund. There is established the Hawaii technology loan revolvingfund for the purpose of investing in technology development in Hawaii. Thefollowing shall be deposited into the Hawaii technology loan revolving fund:
(1) Appropriations from the legislature;
(2) Moneys received as repayments of loans;
(3) Investment earnings;
(4) Royalties;
(5) Premiums, or fees or equity charged by thecorporation, or otherwise received by the corporation; and
(6) Loans that are convertible to equity;
provided that the total amount of moneys in the fundshall not exceed $2,000,000 at the end of any fiscal year. [L 2000, c 297, ptof §22(1)]