Section 13-147-5 - Trust fund assets The trust fund assets shall consist of:
(1) Contributions received by and deposited with the State for the acquisition of specified private lands for a particular proposed or existing park(s);(2) Contributions received by and deposited with the State for the acquisition of unspecified private lands for state park purposes; and(3) Interest earned or accrued on invested trust fund moneys; provided that invested moneys shall be limited to guaranteed interest accounts or, if certificates of deposit, shall not be of a term that would jeopardize timely expenditure of invested principal toward an earmarked private land acquisition for state park purposes.[Eff MAY 15 1999] (Auth: HRS § 184-3.5) (Imp: HRS § 184-3.5)