§53-18  Investment of funds.  A
redevelopment agency may invest any of its funds not required for immediate
disbursement in securities which constitute legal investments under state laws
relating to investment of trust funds by trust companies, including those
authorized by article 8 of chapter 412. [L 1949, c 379, pt of §4; RL 1955,
§143-18; HRS §53-18; am L 1993, c 350, §2]