HAR §13-147-9. Deposit of funds

The department shall promptly deposit in the trust fund all funds accepted by the chairperson. Trust fund monies may be deposited into interest bearing accounts. In the instance of non-monetary properties accepted by the chairperson, once custody is secured, the fiscal officer shall consult with the department of budget and finance to ascertain an appropriate means to convert such property to cash for deposit into the fund, and then make such conversions. [Eff May 15 1999] (Auth: HRS §184-3.5) (Imp: HRS §184-3.5) §13-147-10 Earmarked and excess funds; time limitation. (a) The department may apply private funds toward the condemnation of other state park(s) in the county for which the contribution was intended, if no condemnation action has been initiated for specified private lands within five years after the receipt of the contribution. 147-5 §13-147-14 (b) When excess private funds are available for the acquisition of specified private lands, that land must be acquired before any excess private funds may be used for other acquisitions within the county in which the specified private land is located. [Eff May 15 1999] (Auth: HRS §184-3.5) (Imp: HRS §184-3.5)