HRS §435E-18
Who must approve taking money from the reserve trust fund
This section says that any money taken out of the reserve trust fund, whether all or part of it, needs written approval signed by at least two-thirds of the board of trustees. No other rules are given here.
trustees
The statute, as written — Withdrawal of corpus
Withdrawal of all, or any portion of, the corpus of the reserve trust fund shall be upon the written authorization signed by at least two-thirds of the members of the board of trustees.
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