HRS §201H-17
Federal funds outside of state treasury
This section lets the Hawaii Housing Finance and Development Corporation keep federal housing money outside the state treasury and invest it as allowed by law. It only covers this one narrow rule.
state agencies
The statute, as written — Federal funds outside of state treasury
Notwithstanding chapter 38, the corporation may establish and manage federal funds outside of the state treasury to be used for federal housing programs. The corporation shall invest those funds in permitted investments in accordance with chapter 36.
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