HRS §342D-93
Rules for trust agreements in the water pollution loan program
This section lets the director make trust agreements for the water pollution control loan program. These agreements can include terms allowed by other state law and approved by the finance director. They can also include terms to get federal money or help for the program.
state agencies
The statute, as written — Trust indenture
(a) Any trust indenture entered into by the director may contain covenants and provisions as authorized by part III of chapter 39, and approved by the director of finance, as deemed necessary, advisable, or expedient by the director for the purposes of this part. (b) A trust indenture may also contain provisions deemed necessary, advisable, or expedient by the director to obtain or permit, by grant, interest subsidy, or otherwise, the participation of the federal government in the water pollution control loan program or in the financing of the costs of administering, operating, or maintaining the water pollution control loan program to which such trust indenture relates.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.