Haw. Rev. Stat. § 196-68
This is the official text of Haw. Rev. Stat. § 196-68, part of Hawaii’s Rev. Stat — part of the compiled statutory law of Hawaii, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Compliance with revenue bond law.
Official statutory text
For purposes of assuring conformity of and compliance with part III of chapter 39, it is determined as follows:
(1) For purposes of section 39-51, " revenues " shall include the green infrastructure fee and the proceeds of green infrastructure property ; " loan program " shall include the loan program authorized under section 196-62; and "undertaking" shall include financing of the loan program through the issuance of green infrastructure revenue bonds;
(2) In addition and supplemental to any covenants recognized under section 3 9-60, any resolution, certificate , or indenture approved by the department may have additional or alternative covenants as may be consistent with this chapter, and the department may enter into a trust indenture, servicing agreement , or other financing documents having terms and conditions consistent with the financing order issued under section 269- 163 ;
(3) In addition and supplemental to the power to impose rate s , rentals, fees, or charges required under section 39-61, the department shall impose, adjust, and collect the green infrastructure fee as provided in section 269- 166 and the financing order issued pursuant thereto; and
(4) In addition and supplemental to the uses specified in section 39-62, the green infrastructure fee shall be applied as provided in this chapter, the financing order, the certificate issued by the department , and any financing documents executed by the department in connection with the bonds. [L 2013, c 211, pt of §2]
(1) For purposes of section 39-51, " revenues " shall include the green infrastructure fee and the proceeds of green infrastructure property ; " loan program " shall include the loan program authorized under section 196-62; and "undertaking" shall include financing of the loan program through the issuance of green infrastructure revenue bonds;
(2) In addition and supplemental to any covenants recognized under section 3 9-60, any resolution, certificate , or indenture approved by the department may have additional or alternative covenants as may be consistent with this chapter, and the department may enter into a trust indenture, servicing agreement , or other financing documents having terms and conditions consistent with the financing order issued under section 269- 163 ;
(3) In addition and supplemental to the power to impose rate s , rentals, fees, or charges required under section 39-61, the department shall impose, adjust, and collect the green infrastructure fee as provided in section 269- 166 and the financing order issued pursuant thereto; and
(4) In addition and supplemental to the uses specified in section 39-62, the green infrastructure fee shall be applied as provided in this chapter, the financing order, the certificate issued by the department , and any financing documents executed by the department in connection with the bonds. [L 2013, c 211, pt of §2]
Status: in_force · Read it on the official government site
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