[§211D-1]  Definitions.  As used in this
chapter, unless the context otherwise requires:



"Capital access loan" means a loan
that is entitled to be secured by the fund.



"Department" means the department of
business, economic development, and tourism.



"Financial institution" includes a
bank, trust company, banking association, savings and loan association,
mortgage company, investment bank, credit union, or nontraditional financial
institution.



"Fund" means the Hawaii capital loan
revolving fund established in section 210-3.



"Loan" includes a line of credit.



"Medium-sized business" means a
corporation, partnership, sole proprietorship, or other legal entity that:



(1)  Is domiciled in this State;



(2)  Is formed to make a profit; and



(3)  Employs one hundred or more but fewer than five
hundred full-time employees.



"Nonprofit organization" means a
private, nonprofit, tax-exempt corporation, association, or organization listed
in section 501(c)(3), Internal Revenue Code of 1986, as amended, that is
domiciled in this State.



"Participating financial institution"
means a financial institution participating in the program.



"Program" means the capital access
program.



"Reserve account" means an account
established in a participating financial institution on approval of the
department in which money is deposited to serve as a source of additional
revenue to reimburse the financial institution for losses on loans enrolled in
the program.



"Small business" means a corporation,
partnership, sole proprietorship, or other legal entity that:



(1)  Is domiciled in this State;



(2)  Is formed to make a profit;



(3)  Is independently owned and operated; and



(4)  Employs fewer than one hundred full-time
employees. [L 2000, c 290, pt of §2]