Haw. Rev. Stat. § 39-63
Lien and charge of revenue bonds
Hawaii · Hawaii Revised Statutes Chapter 39 — State Bonds · Status: effective
Cite this
- Citation
- Haw. Rev. Stat. § 39-63, Lien and charge of revenue bonds, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2394963
- Permanent ID
ys:prov:2394963@1- SHA-256
31773558d35dd68d228ca8d56eff7a30b24470600a3bdab2cfae7859f5ba668f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Unless otherwise provided in the resolution or certificate, all revenue bonds of the same issue shall, subject to the prior and superior rights of outstanding revenue bonds, claims, or obligations, have a prior and paramount lien and charge on the revenue, or the user taxes, or combination of both, of the undertaking or loan program for which the revenue bonds have been issued, pledged to the payment thereof, over and ahead of all bonds of any issue payable from the revenue, or user taxes, or combination of both, which may be subsequently issued and over and ahead of any claims or obligations of any nature against the revenue, or user taxes, or combination of both, subsequently arising or subsequently incurred. All revenue bonds of the same issue shall be equally and ratably secured without priority by reason of number, date of bonds, of sale, of execution, or of delivery, by a lien and charge on the revenue or user taxes, or combination of both, pledged to the payment thereof, in accordance with this part and the resolution or certificate authorizing the issuance of revenue bonds.