MCC §14.52.100
Handling interest coupons for bonds paid early
Read the official text at library.municode.com ↗When a bond is paid off early and someone sends in an interest coupon without the bond, the finance director must mail them a copy of the early payment notice. If the coupon is for interest that stopped because of the early payment, the director must also return the coupon. Not getting this extra notice doesn't change the early payment.
state agencies
The ordinance, as written (Maui County) — Payment with interest coupon
A copy, taken August 21, 2026. The version published by Maui County is the one that governs, and it may have changed since. Check it before relying on anything here.
In the event the director of finance receives for payment any interest coupon from
a bond for which notice of advanced maturity has been given without the bond being
surrendered to him, he shall mail a copy of the notice of advanced maturity to the
address given for payment of such coupon and, if the coupon received is for interest
which has ceased to accrue on the bond by reason of its advanced maturity, shall also
return such interest coupon with such copy of notice. Failure of the holder or owner
of the bond to receive such additional notice shall not affect the advancing of the
maturity of the bond.
(Ord. 801 § 1 (part), 1974: prior code § 25-8.5.1)
Read the official text at library.municode.com ↗as published Nov 21, 2025our copy taken Aug 21, 2026
Published by the County of Maui through Municode.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.