Hawaii Revised Statutes
53. Urban Renewal Law
53-18 Investment of funds.

§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]

Structure Hawaii Revised Statutes

Hawaii Revised Statutes

Title 6. County Organization and Administration

53. Urban Renewal Law

53-1 Definitions.

53-2 Redevelopment agency; creation.

53-3 Interest in project prohibited; disclosure of interest.

53-4 Removal of members.

53-5 Powers and duties of agency.

53-6 Initiation and approval of redevelopment plan.

53-7 Urban renewal projects in disaster areas.

53-8 Acquisition of lands in redevelopment project.

53-9 Work on acquired areas; competitive contracts.

53-10 Appraisal of lands of agency.

53-11 Government instrumentalities to cooperate with agency.

53-12 Sale and lease of acquired lands; preference.

53-13 New constructions by agency.

53-14 Agency exempt from real property taxes.

53-15 Financial assistance of agency and office of urban renewal coordinator; redevelopment fund.

53-16 Bonds of agency.

53-17 Bonds of agency to be legal investments.

53-18 Investment of funds.

53-19 Report.

53-20 Auxiliary redevelopment area.

53-21 Auxiliary redevelopment area; displaced persons.

53-22 Governmental advances, donations, and other appropriations.

53-23 Redevelopment corporations; how created.

53-24 Consent of agency to incorporation of redevelopment corporations.

53-25 Application of other corporation laws.

53-26 Powers of redevelopment corporations.

53-27 Limited return on investment.

53-28 Consideration for issuance of stocks and bonds.

53-29 Minimum amount of stock and debentures.

53-30 Income debentures.

53-31 Mortgages and mortgage bonds.

53-32 Limitations.

53-33 Advances by redevelopment corporation.

53-34 Regulation of redevelopment corporations.

53-35 Transfer of title or foreclosure of project.

53-36 Dissolution.

53-37 Participation by certain corporations.

53-38 Tax exemption.

53-39 No limitation of provisions by implication.

53-51 Urban renewal projects.

53-52 Urban renewal plan.

53-53 Powers with respect to urban renewal.

53-54 Assistance to urban renewal by counties and other public bodies.

53-55 Urban redevelopment coordinator, office created.

53-56 Workable program, definition.

53-57 Coordinator, appointment, term, removal.

53-58 Coordinator, qualifications.

53-59 Coordinator, duties and powers.

53-60 Ordinance relating to repair, closing, and demolition of dwellings unfit for human habitation.

53-61 REPEALED.

53-81 County may exercise urban renewal powers directly.

53-82 Abolition of existing agency.

53-83 Powers of county.

53-84 Incurring of indebtedness by the county.

53-85 Projects to constitute "undertakings"; revenues to include certain federal moneys; imposition of rates and charges.