§39-52  Declaration of policy. It is declared to be the policy of the State that any department acquiring,purchasing, constructing, reconstructing, improving, bettering, or extending anundertaking or establishing or administering a loan program pursuant to thischapter or providing policies of hurricane property insurance to the generalpublic, shall manage the undertaking, loan program, or the Hawaii hurricanerelief fund in the most efficient manner consistent with sound economy andpublic advantage, and consistent with the protection of bondholders. [L 1988, c28, pt of §3; am L 1996, c 307, §3]