HRS §38-10

How interest on county loan funds is handled

Read the official text at capitol.hawaii.gov ↗

This section says that state loan money given to counties for local improvements must be kept in separate accounts. Any interest earned on those accounts goes back to the county that the money was for.

counties

The statute, as written — Interest on loan funds

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.

All unexpended balances of state loan funds which have been allotted to the several counties for local improvements, and also all state loan funds which are so allotted, shall be deposited by the director in a depository in separate accounts. All interest received from any depository, on account of the separate deposits, shall be credited to the respective counties.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.