Revenue bonds; investment of proceeds, and redemption
HRS §206E-106
in effect206E-106. Revenue bonds; investment of proceeds, and redemption
Subject to any agreement with the holders of its revenue bonds, the authority may:
(1) Notwithstanding any other law to the contrary,
invest its moneys not required for immediate use, including proceeds from the
sale of any revenue bonds, in any investment in accordance with procedures prescribed
in a trust indenture;
(2) Purchase its revenue bonds out of any fund or
money of the authority available therefor, and hold, cancel, or resell the
revenue bonds.
[L 1982, c 228, pt of §8]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: http://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0206E/HRS_0206E-0106.htmFetched: 11/10/2026
