ROH §14-12.3
How improvement district bond payments are made
Read the official text at honolulu.gov ↗This section explains where and how payments on improvement district bonds are made. The city council decides the payment locations, and interest can be sent by mail or wire. The city's budget director must send funds to pay bonds if they are payable outside the city, and may act as the paying agent.
courts
The ordinance, as written (Honolulu County) — Payment of principal, premium and interest on improvement district bonds
A copy, taken August 22, 2026. The version published by Honolulu is the one that governs, and it may have changed since. Check it before relying on anything here.
The principal of and premium, if any, and interest on the improvement district bonds shall be payable at such places as may be determined by resolution of the council. Interest may be payable by check or draft mailed, or wire sent, by the paying agent or paying agents for the improvement district bonds to the registered owners thereof. In all cases, the improvement district bonds and coupons, if any, shall recite the places of payment. If any improvement district bonds are made payable elsewhere than in the city, the director of budget and fiscal services shall remit the funds necessary to pay the interest and principal and premium thereon when due of any such improvement district bonds, with exchange, to the institution so designated after verifying that such institution is then solvent. The director of budget and fiscal services may serve as paying agent for improvement district bonds.
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Published by the City and County of Honolulu through American Legal Publishing.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.