Title 5, State Financial Administration
13 chapters · 480 sections in this title.
HRS §39C-1 Definitions
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[§39C-1] Definitions. Whenever used in this chapter, unless a different meaning clearly appears from the context: "Bond" means any bond, note, or other evidence of indebtedness or lease with separately stated principal and interest components or certificates of participation ther…
HRS §39C-2 Allocation of state bond ceiling
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[§39C-2] Allocation of state bond ceiling. (a) The department, with the approval of the governor, may allocate all or any part of the state ceiling to any issuer for a specific calendar year or shorter period. At the request of the department, any issuer to which any part of the …
HRS §39C-3 Application of allocation
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[§39C-3] Application of allocation. Any issuer that issues bonds to which an allocation of the state ceiling has been applied, shall evidence and report the application by a certificate, a copy of which shall be sent to the department. The department shall maintain a record of al…
HRS §39C-4 Carry forward
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[§39C-4] Carry forward. In the event that federal tax law permits all or any portion of the state ceiling or allocations thereof to be carried forward for future use, the director of finance of each county or any other issuer that has received state ceiling allocations that have …