HRS §88-120
Service charges
This section lets the retirement system's board pay reasonable fees to people who service mortgages it owns, give investment advice, or handle other costs of investing its funds. It does not require anyone to do anything.
everyone
The statute, as written — Service charges
The board of trustees may pay out of any of the several funds held for investment, a reasonable amount to any person for servicing and handling of mortgages purchased by the board or for supplying investment advisory or consultative services; and to meet such other costs incident to the prudent investment of system funds as the board may approve.
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