ยง48-5ย  Authorization for issuance of bonds.ย 
A political subdivision which holds a certificate of convenience and necessity
issued and in force pursuant to this chapter may issue local government general
obligation or revenue bonds, subject to the limitations and procedures of this
chapter, of the Constitution of the State, of the applicable provisions of
chapters 47 and 49, and of other applicable laws. [L 1964, c 58, pt of ยง2;
Supp, ยง140A-6; HRS ยง48-5]