Haw. Rev. Stat. § 39-163
Priority of a security interest
Hawaii · Hawaii Revised Statutes Chapter 39 — State Bonds · Status: effective
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- Citation
- Haw. Rev. Stat. § 39-163, Priority of a security interest, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2394985
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Full text
The priority of any security interest created by a governmental unit shall be governed by the contractual terms set forth in the measure or measures, including the terms of any indenture or any other agreement approved by the measure or measures, adopted by the governmental unit. No security interest having priority over an existing security interest may be created in violation of the terms of an existing measure governing outstanding bonds.