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Code · Hawaii · Hawaii Revised Statutes

[§386A-8] Termination and merger.

71 words·~1 min read·/hi/386a-8

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[§386A-8] Termination and merger.
(a)The fund may be terminated only by law.
(b)Any assets remaining in the fund after the termination of the fund and any assets acquired or disbursed as a result of merger, consolidation, amalgamation, affiliation, exchange of credits, or otherwise, shall be used by the board solely for the purposes under this chapter and for administrative expenses incident thereto. [L 1985, c 296, pt of §11]
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