HRS §39-52
State must run projects and loans efficiently
This section says the State must manage its projects, loan programs, and the hurricane relief fund in the most efficient way possible, while protecting bondholders and the public interest. It applies to any department that builds, improves, or runs these programs.
state agencies
The statute, as written — Declaration of policy
It is declared to be the policy of the State that any department acquiring, purchasing, constructing, reconstructing, improving, bettering, or extending an undertaking or establishing or administering a loan program pursuant to this chapter or providing policies of hurricane property insurance to the general public, shall manage the undertaking, loan program, or the Hawaii hurricane relief fund in the most efficient manner consistent with sound economy and public advantage, and consistent with the protection of bondholders.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.