§36-26  Transfer of unrequired funds forredemption of serial bonds.  The director of finance, with the approval ofthe governor, may transfer all balances of moneys received from the sale ofstate bonds for state improvements on deposit in loan funds, which are nolonger required for the purposes for which the state bonds were issued, fromthe loan funds to the general fund in case the moneys were received from thesale of serial bonds.  The amounts so transferred shall be used for theredemption of the serial bonds as they become due.  The amounts transferred tothe general fund shall be deemed to be appropriated for the purpose of theredemption 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]