HRS §47-15
County finance director must pay bond principal and interest
The county's finance director is required to pay back the money borrowed through bonds when it is due, including the interest, at the places and in the way set by law and the bond documents.
counties
The statute, as written — Payment by director of finance
The director of finance of the county shall pay the principal of the bonds at maturity and the interest thereon as and when the same become due at the place or places and in the manner prescribed for the payment under this chapter and the proceedings authorizing those bonds.
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