§174-10  Eligibility of revenue bonds forinvestment.  It shall be legal for the State and any of its politicalsubdivisions, or any political or public corporation, including the employees'retirement system of the State, or any instrumentality of the State, or anyinsurance company, building and loan association, savings bank, trust company,or any bank or other financial institution operating under the laws of theState, or for any personal representative, guardian, trustee, or otherfiduciary, or any educational, charitable, or eleemosynary institution toinvest their funds or moneys in their custody in the revenue bonds issuedhereunder; provided that the foregoing shall not be deemed to obviate orotherwise affect any statutory or other requirement with respect to the use ofjudgment and care in investing any such funds.  No holder of any revenue bondsissued hereunder, however, shall have the right to compel any exercise of thetaxing power of the State to pay the bonds or interest thereon. [L 1961, c 166,pt of §3; Supp, §86-9; HRS §174-10; am L 1976, c 200, pt of §1]