Haw. Rev. Stat. § 206-27
Bonds
Hawaii · Hawaii Revised Statutes Chapter 206 — Oahu Land Development · Status: effective
Cite this
- Citation
- Haw. Rev. Stat. § 206-27, Bonds, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2400640
- Permanent ID
ys:prov:2400640@1- SHA-256
2072432f6f8b9777f3e75e28c86ee7758b506047f76477d5b70739cf81826f73
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
[(a)] The board of land and natural resources may issue revenue bonds, and also refunding bonds for the purpose of paying or retiring bonds previously issued, from time to time, in such amounts as it may deem advisable for the purpose of this chapter. The board may issue such types of bonds as it may determine, including bonds on which the principal and interest are payable:
(1) Exclusively from the income and revenues of the development project financed with the proceeds of the bonds or with the proceeds together with a grant from the federal government in aid of the project; or
(2) Exclusively from the income and revenues of certain designated development projects, whether or not they were financed in whole or in part with the proceeds of such bonds. Any such bonds may be additionally secured by a pledge of any revenues of any project or projects.
[(b)] Neither the members of the board nor any person executing the bonds shall be liable personally on the bonds by reason of the issuance thereof.