REPEALED.

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§§39-1 to 15 REPEALED. L 1988, c 28, §2.

PART I. GENERAL OBLIGATION BONDS

Cross References

County bond issues, see chapter 47.

Issuance of indebtedness; debt limit; exclusions, see Const. art. VII, §§12, 13.

§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 obligation bonds of the State, to an amount not exceeding the total amount of those bonds authorized to be issued by acts of the legislature and any amendments thereto in effect at the date of issue of the bonds, and not exceeding the debt limitations prescribed by the Constitution of the State of Hawaii. Except as otherwise specifically provided in the act or acts authorizing the issuance thereof, the bonds shall be issued in the manner and upon the terms provided in this part. [L 1988, c 28, pt of §3]


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