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Code · Hawaii · Chapter 38

§38-6 Certificates of deposit, deposit receipts.

74 words·~1 min read·/hi/chapter-38/38-6

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§38-6 Certificates of deposit, deposit receipts. At the time of depositing state money in any depository, the director shall take certificates of deposit payable to the director in such sums as the director deems advisable, or a receipt showing that the deposit is subject to check. The certificates of deposit, receipts, and all balances of these deposits shall be deemed and counted as cash. [L 1970, c 51, pt of §1; gen ch 1985]
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