§53-29  Minimum amount of stock anddebentures.  Except as provided in this section the stock and incomedebenture certificates issued by the redevelopment corporation shall in noevent be less than the total of ten per cent of the total actual final cost, asdefined in [paragraph] (2) of section 53-32, of any project or projectsundertaken pursuant to this part.  The redevelopment agency may permit stock orincome debenture certificates to be issued for working capital to be used inconnection with the project to an amount not exceeding five per cent of theestimated cost, or five per cent of the total actual final cost, if that shouldexceed the estimated cost of a project. [L 1949, c 379, §12; RL 1955, §143-28;am L 1959, c 96, §1; HRS §53-29]