HRS §54-22
Selling water system bonds and using the money
Read the official text at capitol.hawaii.gov ↗The county treasurer must sell bonds when the water board tells them to, following the usual rules for selling bonds. The money from the sales must be kept in a separate fund and used only for the water projects the bonds were meant for.
counties
The statute, as written — Revenue bond sales
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.
The county treasurer shall, when so directed by the board of water supply, sell such bonds as may be authorized for the acquisition, construction, replacement, extension, or completion of the waterworks; provided that the sale shall otherwise be conducted in accordance with the procedure specified by the law for the sale of the bonds. The proceeds from the sales shall be kept by the county treasurer in a separate fund to be used only for the purposes for which the bonds were sold.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.