HCC §35-55

Bond money must go into a special fund

Read the official text at hawaiicounty.gov ↗

This section says that all money collected to pay off district bonds and related costs must be put into a special bond or reserve fund. That money can only be used to pay the bond principal, interest, and related expenses, as the bond ordinance requires.

counties

The ordinance, as written (Hawaiʻi County) — Bond fund

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.

All of the collections for payment of principal of and interest on bonds and related expenses shall be paid into a district bond or reserve fund and shall be used solely for the payment of the principal of and interest on the outstanding bonds of the district and related expenses, all as provided in the bond ordinance. (2004, ord 04-94, sec 1.)35-55

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.