§54-56  Purchases and contracts.  Theboard of water supply may contract for work, supplies, materials, or equipmentwhen the cost of these can be met from the revenues or reserves of thewaterworks or water systems, or from the proceeds of bonds authorized for thewaterworks and water systems.  All contracts shall be executed in the name ofthe board and shall be signed by the chairperson or acting chairperson of theboard.

The board may sell or otherwise dispose of anybuildings, materials, supplies, or equipment under its control when no longerused or useful for its purposes, and the proceeds thereof shall be placed tothe credit of the board.  All documents of transfer shall be executed in thename of the board and shall be signed by the chairperson or acting chairpersonthereof. [L 1949, c 86, §6; RL 1955, §146-105; HRS §54-56; gen ch 1993]