HRS §516-111
Setting up special funds for acquisition loan programs
Read the official text at capitol.hawaii.gov ↗This section requires a separate special fund to be set up for each acquisition loan program that is paid for with revenue bond money. The fund must follow the rules in another law. This is a procedural requirement for managing the money.
state agencies
The statute, as written — Revenue bonds; special funds
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.
A separate special fund shall be established in accordance with section 39-62 for each acquisition loan program or part thereof financed from the proceeds of the revenue bonds secured under the same trust indenture.
Sections this one refers to
§39-62 How revenue bond money must be spent
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.