HRS §39B-3
How to prove an allocation was used
This section says that when a county or issuer uses an allocation for a project under the annual state ceiling, they must have a certificate from the issuer or the county finance director to show it. The certificate is the proof that the allocation was applied.
counties
The statute, as written — Application of allocation
The extent to which all or any part of an allocation made to a county or an issuer pursuant to section 39B-2 is applied to a project subject to the annual state ceiling shall be evidenced by a certificate of the issuer or the director of finance of a county, as applicable.
Sections this one refers to
§39B-2 How the state's bond limit is split among counties
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.