HRS §39C-3

How bond issuers must prove their state ceiling allocation

Read the official text at capitol.hawaii.gov ↗

When a bond issuer uses part of the state ceiling, they must create a certificate showing that use and send a copy to the department. The department must keep records of all allocations and the certificates it receives.

The statute, as written — Application of allocation

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.

Any issuer that issues bonds to which an allocation of the state ceiling has been applied, shall evidence and report the application by a certificate, a copy of which shall be sent to the department. The department shall maintain a record of all allocations of the state ceiling made by the department and copies of certificates sent to or retained by the department.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.