HRS §38-8
State's duty to keep county securities safe
This section says the State, through its director, is responsible for safely keeping securities that county treasurers deposit with the director under another law. It assigns this duty to the State, not to the counties.
countiesstate agencies
The statute, as written — Additional responsibility
The State through its director shall be chargeable with the safekeeping of the securities deposited with the director by the treasurers of the several counties under section 46-52.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.