HRS §54-30
How water board money is kept in the bank
This section says that money the water board gives to the county treasurer must be put in the bank the same way state money is handled. The county treasurer and the board chair have the same duties as state officials do for state funds. Any interest earned on that money goes back to the water board.
counties
The statute, as written — Deposit of money in banks
All moneys deposited in the office of the county treasurer belonging to the board of water supply shall be deposited in such manner and upon such provisions and requirements, as provided by chapter 38. The county treasurer and the chairperson of the board shall have the same rights, powers, and duties as devolve upon the State, its director of finance, and the governor, respectively, with respect to state funds so deposited. All interest received by the county treasurer upon moneys belonging to the board shall be credited to the board.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.