HRS §53-18

How a redevelopment agency can invest its extra money

Read the official text at capitol.hawaii.gov ↗

This section lets a redevelopment agency invest money it does not need right away. The investments must be legal under state rules for trust fund investments. It only covers what types of investments are allowed.

state agencies

The statute, as written — Investment of 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 redevelopment agency may invest any of its funds not required for immediate disbursement in securities which constitute legal investments under state laws relating to investment of trust funds by trust companies, including those authorized by article 8 of chapter 412.

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.