§36-26  Transfer of unrequired funds for
redemption of serial bonds.  The director of finance, with the approval of
the governor, may transfer all balances of moneys received from the sale of
state bonds for state improvements on deposit in loan funds, which are no
longer required for the purposes for which the state bonds were issued, from
the loan funds to the general fund in case the moneys were received from the
sale of serial bonds.  The amounts so transferred shall be used for the
redemption of the serial bonds as they become due.  The amounts transferred to
the general fund shall be deemed to be appropriated for the purpose of the
redemption of serial bonds as they become due. [L 1941, c 100, §1; RL 1945,
§5930; RL 1955, §132-15; am L Sp 1959 2d, c 1, §14; am L 1963, c 114, §1; HRS
§36-26]