Act of July 9, 1921, ch. 42, tit. 2, sec. 225 (as amended)

Investment of Loan Funds; Disposition.—

Year: 1958Length: 91 wordsOfficial source
Sec. 225. Investment of Loan Funds; Disposition.—The Commission shall have the power and authority to invest and reinvest any of the moneys in the loan fund, not otherwise immediately needed for the purposes of the fund, in such bonds and securities as authorized by Territorial law for the investment of Territorial sinking fund moneys. Any interest or other earnings arising out of such investments shall be credited to and deposited in the Hawaiian home-operating fund and shall be considered a deposit therein from the other sources mentioned in section 213 (d).
Act of July 9, 1921, ch. 42, tit. 2, sec. 225 (as amended): Investment of Loan Funds; Disposition.— | Justis AI