PART I. [OLD]  GENERAL OBLIGATION AND REFUNDING BONDS

 

§§39-1 to 15  REPEALED.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, mayissue from time to time general obligation bonds of the State, to an amount notexceeding the total amount of those bonds authorized to be issued by acts ofthe legislature and any amendments thereto in effect at the date of issue ofthe bonds, and not exceeding the debt limitations prescribed by theConstitution of the State of Hawaii.  Except as otherwise specifically providedin the act or acts authorizing the issuance thereof, the bonds shall be issuedin the manner and upon the terms provided in this part. [L 1988, c 28, pt of§3]