Chapter 39 — State

PART I. [OLD] GENERAL OBLIGATION AND REFUNDING BONDS §§39-1 to 15 REPEALED. L 1988, c 28, §2. PART I. GENERAL OBLIGATION BONDS §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 obliga…

[PART VI.] LEGISLATIVE DETERMINATION AND LEGISLATIVE CERTIFICATION AS TO BONDS ISSUED FOR ASSESSABLE IMPROVEMENTS §39-111 Legislative determination. The provisions of this section shall be applicable to all computations and determinations required in the declaration of findings r…

§39-112 Legislative certification as to bonds issued for assessable improvements. The legislature finds, determines, and certifies that (1) there are no bonds of the State issued, the only security for which is the properties benefited or improved or the assessments thereon; and …

PART V. [OLD] ANTIPOLLUTION REVENUE BONDS §§39-125 to 131 REPEALED. L 1979, c 57, §13. [PART V.] STATEMENT ON SPECIAL PURPOSE REVENUE BONDS §39-101 Renumbered as §39A-1.

PART VII. [OLD] GENERAL PROVISIONS §39-151 REPEALED. L 1988, c 28, §2. [PART VII. GENERAL PROVISIONS] [§39-151] Compound interest bond reserve fund. (a) There is hereby established the Hawaii compound interest bond reserve fund, as a trust fund in the state treasury for the benef…

§39-2 Application of proceeds. The proceeds of bonds so issued shall be exclusively devoted to the purpose or purposes defined and expressed in the acts of the legislature authorizing the issuance of bonds, and the proceeds shall be devoted to such purposes in such order as the g…

§39-3 Allotments; appropriations. Whenever the issuance of bonds has been authorized by an act of the legislature, the bonds may be issued, sold, and delivered prior to or after any allotments have been made by the governor for the purposes to be financed by the issuance of the b…

PART II. [OLD] DESTROYED OR DEFACED BONDS; LOST COUPONS §§39-31 to 34 REPEALED. L 1988, c 28, §2. PART II. LOST, STOLEN, DESTROYED, OR DEFACED BONDS AND COUPONS §39-31 Duplicates. (a) Whenever it appears to the director of finance by clear proof satisfactory to the director of fi…

§39-33 Method of issuance and payment. A claimant for issuance of a new bond or for payment shall make written application, under oath, in such form as the director of finance shall prescribe, stating facts definitively identifying the bonds or coupons and showing the loss, whole…

§39-4 Details of bonds. (a) All bonds issued pursuant to this part shall bear interest at such rate or rates, payable at such time or times as determined in accordance with this part; shall mature and be payable at such time or times from the date of the issue thereof as will com…

PART III. [OLD] REVENUE BONDS §§39-51 to 70 REPEALED. L 1988, c 28, §2. PART III. REVENUE BONDS §39-51 Definitions. Whenever used in this part, unless a different meaning clearly appears from the context: "Bonds" means bonds, notes, and other instruments of indebtedness. "Departm…

§39-62 Use of revenue and user taxes by any undertaking, loan program, or the Hawaii hurricane relief fund. Whenever any revenue bonds have been issued pursuant to this part for an undertaking, a loan program, or the Hawaii hurricane relief fund, the revenue, or the user taxes, o…

§39-66 Federal tax-exempt status; preference; protection. (a) Revenue bonds issued pursuant to this part, to the extent practicable, shall be issued to comply with requirements imposed by applicable federal law providing that the interest on such revenue bonds shall be excluded f…

§39-7 Form and execution of bonds. Bonds issued pursuant to this part shall be in such form as the director of finance may determine, and shall be lithographed or steel engraved. All bonds issued pursuant to this part shall be manually signed by the director of finance or a deput…

§39-9 CUSIP numbers. The director of finance, in the director of finance's discretion, may provide that CUSIP identification numbers shall be imprinted on bonds issued pursuant to this part. In the event that CUSIP identification numbers are imprinted on any bonds: The director o…

PART IV. [OLD] DETERMINATIONS OF EXCLUSIONS FROM THE TOTAL INDEBTEDNESS OF THE STATE AND CERTIFICATION THEREOF §§39-91 to 99 REPEALED. L 1979, c 57, §9. PART IV. STATE DEBT LIMIT STATEMENT AND THE DETERMINATION OF TOTAL OUTSTANDING INDEBTEDNESS, THE EXCLUSIONS THEREFROM, AND CERT…

§39-92 State debt limit statement. (a) The director of finance shall annually as of July 1 of each fiscal year and following each issuance of general obligation bonds of the State ascertain and set forth in a table or other summary a statement evidencing the power of the State to…

§39-93 Statement of total outstanding indebtedness of the State and the exclusions permitted therefrom. (a) The director of finance shall annually ascertain and set forth in a table or other summary a statement of the total outstanding indebtedness of the State and the exclusions…

§39-94 Arrangement of statements and schedules and forms; incorporation. In preparing the statements and supporting schedules required by this part, the director of finance may arrange, group, and set forth such information and figures in such manner as the director deems necessa…