Haw. Rev. Stat. § 206-18
This is the official text of Haw. Rev. Stat. § 206-18, 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 board.
Official statutory text
The board of land and natural resources may, by resolution, provide that any moneys deposited by it shall be secured:
(1) By any securities by which funds deposited by the state director of finance may be legally secured as provided in section 38-3, or
(2) By an undertaking with such sureties as are approved by the board faithfully to keep and pay over upon the order of the board any deposits and agreed interest thereon, and all banks and trust companies may give any security for the deposits. [L 1961, c 6, §16; am L 1963, c 114, §1; Supp, §98J-16; HRS §206-18; am L 1979, c 105, §19]
(1) By any securities by which funds deposited by the state director of finance may be legally secured as provided in section 38-3, or
(2) By an undertaking with such sureties as are approved by the board faithfully to keep and pay over upon the order of the board any deposits and agreed interest thereon, and all banks and trust companies may give any security for the deposits. [L 1961, c 6, §16; am L 1963, c 114, §1; Supp, §98J-16; HRS §206-18; am L 1979, c 105, §19]
Status: in_force · Read it on the official government site
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