HRS §39A-262
Bond signatures stay valid after officers leave
Read the official text at capitol.hawaii.gov ↗This section says that special purpose revenue bonds are still valid even if the officers who signed them leave their jobs before the bonds are handed over and paid for. The bonds must state they are issued under this part, and that statement proves they are valid.
financial institutionsstate agencies
The statute, as written — Validity of special purpose revenue bonds
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 special purpose revenue bonds bearing the signature or facsimile signature of officers on the date of the signing of the bonds shall be valid and sufficient for all purposes, notwithstanding that before the delivery of and payment for the bonds, all the persons whose signatures appear on the bonds shall have ceased to be officers of the department. The special purpose revenue bonds shall contain a recital that they are issued pursuant to this part, and the recital shall be conclusive evidence of their validity and of the regularity of their issuance.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.