Hawaii § 342D-85 - Revolving fund; deposits.
Full text of Hawaii Hawaii Revised Statutes § 342D-85 — Revolving fund; deposits., with citation guidance and answers to common questions.
§ 342D-85. Revolving fund; deposits.
The following may be deposited into the revolving fund: (1) Federal capitalization grant funds and other federal grants, loans, or appropriations; (2) Appropriations by the legislature to the revolving fund; (3) Payments of principal and interest and other amounts made by eligible parties pursuant to loans or other agreements entered into with the director pursuant to this part; provided that if the loans were financed by proceeds of revenue bonds of the director, the deposit of the payments into the revolving fund shall be subject to the rights of the holders of the bonds to receive the moneys; (4) Fees for loans and other items under section 342D-86; (5) Proceeds of revenue bonds issued by the director for the purpose of providing financial assistance to eligible parties; (6) Moneys paid to the revolving fund as a result of court ordered awards of judgments; (7) Moneys paid to the revolving fund in court-approved or out-of-court settlements; (8) All interest attributable to investment of moneys deposited in the revolving fund; and (9) All moneys allotted or directed to the revolving fund from other sources. [L 1997, c 221, pt of §1; am L 2002, c 132, §8] Note The amendment made by L 2014, c 218, §8 is not included in this section. Previous Vol06_Ch0321-0344 Next
Source: official Hawaii text · Last verified 2026-08-27
Frequently Asked Questions About Hawaii § 342D-85
What does Hawaii Revised Statutes § 342D-85 cover?
Section 342D-85 ("Revolving fund; deposits.") is part of the Hawaii Revised Statutes, the codified statutory law of Hawaii. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Hawaii § 342D-85?
A common citation format is "Hawaii Revised Statutes § 342D-85" (Hawaii). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Hawaii law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Hawaii official source linked on this page or consult a licensed Hawaii attorney.
How does Hawaii § 342D-85 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Hawaii can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Hawaii.