HCC §12-64

What happens to old bonds when they are paid off

Read the official text at hawaiicounty.gov ↗

This section says that when a refunding project pays off the old bonds of an improvement district, the finance director must mark those bonds as canceled and keep them. It is a short procedural rule about handling retired bonds.

counties

The ordinance, as written (Hawaiʻi County) — Cancellation of retired bonds

A copy, taken August 21, 2026. The version published by Hawaiʻi County is the one that governs, and it may have changed since. Check it before relying on anything here.

Should the refunding project provide for the retirement of the outstanding bonds of the improvement district, the director of finance shall stamp the retired bonds “canceled” and shall keep such canceled bonds in his possession. IMPROVEMENTS BY ASSESSMENTS § 12-65

Read the official text at hawaiicounty.gov ↗as published Jul 16, 2026our copy taken Aug 21, 2026

Published by the County of Hawaiʻi Office of the County Clerk.

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.