§54-23  Provisions for payment of bonds,
etc.  Whenever there are outstanding any bonds of the county representing
monies heretofore or hereafter expended upon the waterworks system, the funds
in the county treasury to the credit of the board of water supply shall be
drawn upon by the county treasurer to the extent necessary from time to time to
provide for payment of the bonds and the interest thereon according to the
tenor and terms thereof, the monies so drawn to be placed to the credit of the
appropriate sinking fund and used for such purposes. [L 1961, c 155, pt of §1;
Supp, §145A-13; HRS §54-23]