§53-18 Investment of funds.
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/hi/chapter-53/53-18A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§53-18 Investment of funds. A redevelopment agency may invest any of its funds not required for immediate disbursement in securities which constitute legal investments under state laws relating to investment of trust funds by trust companies, including those authorized by article 8 of chapter 412. [L 1949, c 379, pt of §4; RL 1955, §143-18; HRS §53-18; am L 1993, c 350, §2]