HRS §49-2

County management of projects and loan programs

Read the official text at capitol.hawaii.gov ↗

This section states the State's policy: when a county builds, improves, or runs a project or loan program under this chapter, it must manage it efficiently, economically, and in the public's interest, while also protecting bondholders. It is a general policy statement, not a detailed rule.

counties

The statute, as written — Declaration of policy

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.

It is declared to be the policy of the State that any county acquiring, purchasing, constructing, reconstructing, improving, bettering, or extending an undertaking or establishing or administering a loan program pursuant to this chapter shall manage the undertaking or loan program in the most efficient manner consistent with sound economy and public advantage and consistent with the protection of bondholders.

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.