Haw. Rev. Stat. § 304A-2686
Fiscal agents
Hawaii · Hawaii Revised Statutes Chapter 304A — University of Hawaii System · Status: effective
Cite this
- Citation
- Haw. Rev. Stat. § 304A-2686, Fiscal agents, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2419941
- Permanent ID
ys:prov:2419941@1- SHA-256
f07587a4fca0c28497c63ebf3255fb88e0fe63a4bb0cebc8553805adaa927091
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
The director of finance of the State, when requested by the board, shall render full and complete assistance to the board in the preparation and sale of revenue bonds issued pursuant to this subpart. The director of finance shall be the fiscal agent of the board for the payment of all principal and interest, and for the transfer, of revenue bonds. Sections 36‑3 and 39‑12 shall apply to this subpart. The director of finance shall set up in the treasury of the State suitable accounts for:
(1) Deposit of all revenues of university projects, university systems, or networks and for the payment of all revenue bonds and the interest thereon;
(2) Deposit of all other payments provided or required by this subpart, or any resolution or resolutions of the board; and
(3) Holding of all reserves created under this subpart, or pursuant to any resolution of the board.