HAR §13-147-6
HAR §13-147-6. Trust fund expenditures
Cite as Haw. Code R. § 13-147-6
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)