Current through September, 2024
Section 13-147-6 - Trust fund expenditures The trust fund assets shall be expended for any of the following purposes by board action:
(1) Condemnation of private lands to create a new state park(s);(2) Condemnation of private lands to expand an existing state park(s); and(3) Costs of administering the trust fund. Such expenditures of fund monies shall be limited to earned interest amounts available in the fund at the time of expenditure.[Eff MAY 15 1999] (Auth: HRS § 184-3.5) (Imp: HRS § 184-3.5)