PART I.
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/hi/chapter-39/part-iA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
PART I. [OLD] GENERAL OBLIGATION AND REFUNDING BONDS
§§39-1 to 15 REPEALED. L 1988, c 28, §2.
PART I. GENERAL OBLIGATION BONDS
Cross References
County bond issues, see chapter 47.
Issuance of indebtedness; debt limit; exclusions, see Const. art. VII, §§12, 13.
§39-1 Authorization to issue; amount. The director of finance of the State, with the approval of the governor, may issue from time to time general obligation bonds of the State, to an amount not exceeding the total amount of those bonds authorized to be issued by acts of the legislature and any amendments thereto in effect at the date of issue of the bonds, and not exceeding the debt limitations prescribed by the Constitution of the State of Hawaii. Except as otherwise specifically provided in the act or acts authorizing the issuance thereof, the bonds shall be issued in the manner and upon the terms provided in this part. [L 1988, c 28, pt of §3]