§206-16 Investment of reserves. The board of land and natural resources may invest any funds held in reserves or sinking funds, or any funds not required for immediate disbursement, in property or securities in which savings banks may legally invest funds subject to their control. No provisions with respect to the acquisition, operation, or disposition of property by other public bodies shall be applicable to the board under this chapter unless otherwise specifically provided by law. [L 1961, c 6, §14; Supp, §98J-14; HRS §206-16]
Structure Hawaii Revised Statutes
Title 13. Planning and Economic Development
206-2 Administration of chapter.
206-3 Interested members, officers or employees.
206-5 Declaration of development areas.
206-6 Acquisition of land within a development area.
206-7 Property that shall not be acquired for development projects.
206-8 Development of lands acquired.
206-10 Restrictions on sale and use of residential lots by purchaser.
206-11 Breach, mortgaging, effect of breach, etc.
206-12 Requirement to develop.
206-13 Power to lease, pledge, or mortgage.
206-14 Cooperative agreements with other government agencies.
206-15 Hearings, witnesses, etc.
206-16 Investment of reserves.
206-18 Security for funds deposited by board.
206-20 Contracts with federal government.
206-22 Performance bond, procedure.
206-23 Exemption from taxation and assessments.
206-24 Exemption of property from execution sale.
206-26 Disclosure by private developer; public records.
206-28 State and political subdivisions not liable on bonds.
206-29 Form and sale of bonds.
206-31 Remedies of an obligee; mandamus, injunction, possessory action, receiver, accounting, etc.
206-32 Subordination of mortgage to agreement with government.
206-33 Development project bonds as legal investments.
206-34 Policy as to sale prices and rentals.
206-35 Agreement to secure federal contributions; default.
206-36 Payments to public bodies.
206-37 Conveyance, lease, or agreement in aid of development projects, purchase of bonds.
206-38 Governmental advances and donations.
206-39 Action of political subdivision by resolution.
206-41 Source of operating funds; disposition of unencumbered funds.