Haw. Rev. Stat. § 201H-78
This is the official text of Haw. Rev. Stat. § 201H-78, 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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Security for funds deposited by the corporation.
Official statutory text
The corporation may by resolution provide that all moneys deposited by it shall be secured by:
(1) Any securities by which funds deposited by the director of finance may be legally secured as provided in section 38-3; or
(2) An undertaking with sureties as are approved by the corporation faithfully to keep and pay over upon the order of the corporation any deposits and agreed interest thereon, and all banks and trust companies are authorized to give any such security for those deposits. [L 2006, c 180, pt of §4]
(1) Any securities by which funds deposited by the director of finance may be legally secured as provided in section 38-3; or
(2) An undertaking with sureties as are approved by the corporation faithfully to keep and pay over upon the order of the corporation any deposits and agreed interest thereon, and all banks and trust companies are authorized to give any such security for those deposits. [L 2006, c 180, pt of §4]
Status: in_force · Read it on the official government site
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