2021 Hawaii Revised Statutes
Title 5. State Financial Administration
38. Deposits of Public Funds
38-6 Certificates of deposit, deposit receipts.

Universal Citation: HI Rev Stat § 38-6 (2021)

§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 as the director deems advisable, or a receipt showing that the deposit is subject to check. The certificates of deposit, receipts, and all balances of these deposits shall be deemed and counted as cash. [L 1970, c 51, pt of §1; gen ch 1985]

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