Hawaii Revised Statutes
39. State Bonds
39-51 to 70 REPEALED. §39-51 Definitions.

§ §39-51 to 70 REPEALED.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.
"Department" means any state department, board, commission, officer, authority, or agency (other than a "municipality" defined by section 49-1) which is charged by law with the administration of an undertaking or loan program.
"Department head" means any officer having charge of a department for which there is no governing body.
"Governing body" means any board, commission, agency, authority, public corporation, instrumentality, or other body consisting of more than one person, having charge of a department.
"Loan program" means the activities and policies undertaken by any department to provide assistance to any department or to any county or board, agency, or instrumentality thereof, or to members of the general public who are residents of the State, by making loans or causing loans to be made available to them or by buying, refinancing, or guaranteeing loans made to or other obligations incurred by them for purposes as may be authorized by law.
"Policy of hurricane property insurance" means a policy or endorsement of insurance issued by the Hawaii hurricane relief fund under section 431P-10.
"Revenue" means the moneys collected, including any moneys collected from the State or any department, or any county or board, agency, or instrumentality thereof, from the rates, rentals, fees, and charges prescribed for the use and services of, and the facilities and commodities furnished by, an undertaking or the use and services and benefits of a loan program; provided that the term shall include all insurance premium payments, assessments, surcharges, investment earnings, and all other income of the Hawaii hurricane relief fund.
"Revenue bonds" means all bonds payable solely from and secured by the revenue, or user taxes, or any combination of both, of an undertaking or loan program or any loan made thereunder for which bonds are issued and as otherwise provided in this part; provided that the term shall include all bonds issued by the director of finance under the authority of section 10(a), Act 339, Session Laws of Hawaii 1993, as amended, for the purposes of the hurricane bond loan fund.
"System" means an organized plan or arrangement under which one or more undertakings are operated or implemented as a harmonious whole.
"Undertaking" means any public works and properties, improvement, or system, tangible or intangible, owned or operated by the State or a department thereof, and any public activity, policy, or program undertaken by the State or a department thereof, and from which the State or department may derive revenues, or with respect to which the State or department may derive user taxes.
"User taxes" means taxes on goods or services or on the consumption thereof, the receipts of which are substantially derived from the consumption, use, or sale of goods and services in the utilization of the functions or services furnished by the undertaking. [L 1988, c 28, pt of §3; am L 1991, c 262, §2; am L 1993, c 339, §5; am L 1996, c 307, §2]
Note
Section 49-1 referred to in text is repealed; current section 49-1 defines "county".

Structure Hawaii Revised Statutes

Hawaii Revised Statutes

Title 5. State Financial Administration

39. State Bonds

39-1 to 15 REPEALED. §39-1 Authorization to issue; amount.

39-2 Application of proceeds.

39-3 Allotments; appropriations.

39-4 Details of bonds.

39-5 Sale of bonds.

39-6 Premiums to general fund.

39-7 Form and execution of bonds.

39-8 Same, signatures.

39-9 CUSIP numbers.

39-10 Support facility for variable rate bonds.

39-11 Bonds tax exempt; first charge on general fund.

39-12 Payment, principal and interest.

39-13 Fiscal and paying agents and registrars.

39-14 Federal tax exempt status; preference; protection.

39-15 Bond anticipation notes.

39-16 Refunding bonds authorized.

39-17 Validation of proceedings.

39-18 Bonds negotiable, incontestable.

39-19 Aviation fuel tax, pledge.

39-31 to 34 REPEALED. §39-31 Duplicates.

39-32 Payment to be made.

39-33 Method of issuance and payment.

39-34 Disputed ownership.

39-51 to 70 REPEALED. §39-51 Definitions.

39-52 Declaration of policy.

39-53 Additional powers of departments.

39-54 Authorization of revenue bonds; details of revenue bonds.

39-55 Sale of revenue bonds.

39-56 Form and execution of revenue bonds.

39-57 Same, signatures.

39-58 CUSIP numbers.

39-59 Support facility for variable rate revenue bonds.

39-60 Covenants in resolution or certificate authorizing issuance of revenue bonds.

39-61 Rates, rentals, fees, and charges; undertakings and loan programs to be self-sustaining.

39-62 Use of revenue and user taxes by any undertaking, loan program, or the Hawaii hurricane relief fund.

39-63 Lien and charge of revenue bonds.

39-64 Revenue bonds not a general or moral obligation of State.

39-65 Undertaking, loan program, and revenue bonds exempt from taxation.

39-66 Federal tax-exempt status; preference; protection.

39-67 Revenue bonds legal investments.

39-68 Duties of the director.

39-69 Investment of reserves, etc.

39-70 Bond anticipation notes.

39-71 Refunding revenue obligations.

39-72 Transfers to department.

39-73 Consent of governmental agencies.

39-74 General laws applicable.

39-75 Construction.

39-76 Validation of proceedings.

39-91 to 99 REPEALED. §39-91 Definitions.

39-92 State debt limit statement.

39-93 Statement of total outstanding indebtedness of the State and the exclusions permitted therefrom.

39-94 Arrangement of statements and schedules and forms; incorporation.

39-125 to 131 REPEALED. §39-101 Renumbered §39A-1.

39-111 Legislative determination.

39-112 Legislative certification as to bonds issued for assessable improvements.

39-151 REPEALED. §39-151 Compound interest bond reserve fund.

39-161 Definitions.

39-162 Perfection of a security interest.

39-163 Priority of a security interest.

39-164 Enforcement of a security interest.