ROH §28-7.7

How bond payments are collected and used

Read the official text at honolulu.gov ↗

Money collected to pay off district bonds must go into a special bond or reserve fund. That money can only be used to pay the bond principal, interest, and related costs, as the bond ordinance says.

counties

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

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.

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.

Read the official text at honolulu.gov ↗as published Jan 1, 2026our copy taken Aug 22, 2026

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.