HRS §304A-2688
Board cannot create debt against state rules
Read the official text at capitol.hawaii.gov ↗This section says the board cannot take on any debt that would break the state constitution or count toward the state's total debt. It does not give the board any new power to borrow money.
state agencies
The statute, as written — Limitation of authority
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
Notwithstanding any law to the contrary, nothing in this subpart shall be construed to authorize the board to incur any indebtedness contrary to the state constitution or to incur any indebtedness that would be required to be included in the calculation of the total indebtedness of the State.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.