45 CFR §1336.76
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The following activities are among those activities not eligible for support under the revolving loan fund:
- (a)Loans to the Loan Administrator or any representative or delegate of the Loan Administrator (section 803A(b)(5));
- (b)Loans which would create a potential conflict-of-interest for any officer or employee of the Loan Administrator; loan activities which directly benefit these individuals, or persons related to them by marriage, or law.
- (c)Eligible activities which are moved from the State of Hawaii;
- (d)Investing in high interest account, certificates of deposit or other investments;
- (e)Relending of the loan amount by the borrower;
- (f)The purchase of land or buildings;
- (g)The construction of buildings; and
- (h)Purchasing or financing equity in private businesses.