Hawaii Revised Statutes 38. Deposits of Public Funds

  • 38-1 Definitions.
    As used in this chapter, unless the context otherwise indicate: Comptroller means the state comptroller. Depository includes any federally insured national or state bank,...
  • 38-2 Authorized; Conditions.
    (a) All moneys in the state treasury may be deposited by the director to the credit of the State in any depository which the...
  • 38-3 Securities for Protection of Funds Deposited.
    For the protection of funds deposited by the director under this chapter, the following securities shall be deposited with the director, or with banks...
  • 38-4 Provisions of Depository Contracts.
    Any acceptance by a depository of treasury moneys shall constitute an acceptance of the provisions of sections 38-2 and 38-3, and those provisions shall...
  • 38-5 Indemnity Bond From Depository.
    The director with the approval of the governor, shall, if in the director's judgment it appears necessary for the security of the State, require...
  • 38-6 Certificates of Deposit, Deposit Receipts.
    At the time of depositing state money in any depository, the director shall take certificates of deposit payable to the director in such sums...
  • 38-7 Responsibility of Director.
    The director shall not be responsible for any moneys deposited in a depository under this chapter, but the State through its director shall be...
  • 38-8 Additional Responsibility.
    The State through its director shall be chargeable with the safekeeping of the securities deposited with the director by the treasurers of the several...
  • 38-9 Repealed.
    L 1998, c 119, ยง2.
  • 38-10 Interest on Loan Funds.
    All unexpended balances of state loan funds which have been allotted to the several counties for local improvements, and also all state loan funds...

Note

Chapter heading amended by L 1970, c 51, 1.

Last modified: October 27, 2016