Chapter 219 — Chapter 219

§219-1 Findings and purpose. The legislature finds that: The purpose of this chapter is to establish a loan program to financially assist in the development of aquaculture in the State. [L 1971, c 181, pt of §1; ree L 1977, c 212, pt of §2]

§219-2 Definitions. As used in this chapter: "Aquaculture" means the propagation, cultivation, or farming of aquatic plants and animals in controlled or selected environments for commercial purposes or authorized stock enhancement purposes. "Aquaculture sustainable projects" mean…

§219-3 Hawaii aquaculture loan program. There is established the Hawaii aquaculture loan program to be administered by the board of agriculture and biosecurity. [L 1971, c 181, pt of §1; ree L 1977, c 212, pt of §2; am L 2025, c 236, §18]

§219-4 Funds; application of payments. (a) There is established a special fund to be known as the aquaculture loan revolving fund from which moneys shall be loaned by the department of agriculture and biosecurity under this chapter. The department, by its board of agriculture and…

§219-5 Powers; rules. (a) The department shall have the necessary powers to carry out the purposes of this chapter, including the following: (b) The chairperson may approve loans, where the requested amount, plus any principal balance on existing loans to the applicant, does not …

§219-6 Loan; limitation and terms. Loans made under this chapter shall be for the purposes and in accordance with the terms specified in classes "A", "B", "C", "D", and "H" in paragraphs (1), (2), (3), (4), and (5) following and shall be made only to applicants who meet the eligi…

§219-7 Loans insured by the department.

§219-8 Participation in loans by the department.

§219-9 Direct loans. (a) The department of agriculture and biosecurity may make loans directly to qualified aquaculturists who are unable to obtain sufficient funds at reasonable rates from private lenders either independently or under section 219-7 or 219-8. Loans made under thi…