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HRS §47-10

CUSIP numbers on county bonds

This section lets the county finance director decide whether to put CUSIP numbers on bonds, unless the county council says otherwise. If the numbers are put on, they are not part of the bond contract, and the county and its officials are not liable for any mistakes. Buyers may have to pay for the numbers.

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The statute, as written — CUSIP numbers

Unless the governing body shall otherwise direct, the director of finance of the county in the director's discretion, may provide that CUSIP identification numbers shall be imprinted on bonds issued under the authority of this chapter. In the event the numbers are imprinted on any bonds: (1) No number shall constitute a part of the contract evidenced by the particular bond upon which it is imprinted; and (2) No liability shall attach to the county or any officer or agent thereof, including any fiscal agent, paying agent, or registrar for the bonds, by reason of the numbers or any use made thereof, including any use thereof made by the county, any officer or any agent, or by reason of any inaccuracy, error or omission with respect thereto or in any use. Unless the governing body shall otherwise direct, the director of finance, in the director's discretion, may require that all cost of obtaining and imprinting the numbers shall be paid by the purchasers of the bonds. For the purposes of this section, the term "CUSIP identification numbers" means the numbering system adopted by the Committee for Uniform Security Identification Procedures formed by the Securities Industry Association.
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.