Hawaii Revised Statutes 269-174 – Miscellaneous
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Hawaii Revised Statutes 269-174
- Department: means the department of business, economic development, and tourism, or any successor by law. See Hawaii Revised Statutes 269-161
- Financing party: means :
(1) Any trustee, collateral agent, or other person acting for the benefit of a bondholder; or
(2) Any party to an ancillary agreement, the rights and obligations of which relate to or depend upon the existence of green infrastructure property and green infrastructure fees, the enforcement and priority of a security interest in green infrastructure property, the timely collection and payment of green infrastructure fees, or a combination of these factors. See Hawaii Revised Statutes 269-161
Neither the department nor a financing party shall be considered an electric utility or person providing electric service by virtue of engaging in the transactions described in this part.