MCC §3.75.710
Bond money must go into a special fund
Read the official text at library.municode.com ↗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 for bond payments and related expenses, as the bond ordinance says.
counties
The ordinance, as written (Maui County) — Bond fund
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.
Collections for payment of principal of and interest on bonds and incidental 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 incidental expenses, all as provided in the bond ordinance.
( Ord. No. 4947 , § 1, 2018)
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.