HRS §38-7
Director's responsibility for deposits and bonds
Read the official text at capitol.hawaii.gov ↗This section says the director is not responsible for money deposited in banks, but the State, through the director, must keep safe any bonds given as security for state money and the money from selling those bonds.
state agencies
The statute, as written — Responsibility of director
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.
The director shall not be responsible for any moneys deposited in a depository under this chapter, but the State through its director shall be chargeable with the safekeeping of the bonds deposited with the director as security for deposits of state money, and of the proceeds of any sale of the bonds made under this chapter.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.