§206E-16.5 - Expenditures of revolving funds under the authority exempt from appropriation and allotment. - Hawaii Statutes

     [§206E-16.5]  Expenditures of revolving funds under the authority exempt from appropriation and allotment.  Except as to administrative expenditures, and except as otherwise provided by law, expenditures from any revolving fund administered by the authority may be made by the authority without appropriation or allotment of the legislature; provided that no expenditure shall be made from and no obligation shall be incurred against any revolving fund in excess of the amount standing to the credit of the fund or for any purpose for which the fund may not lawfully be expended.  Nothing in sections 37-31 to 37-41 shall require the proceeds of any revolving fund administered by the authority to be reappropriated annually. [L Sp 1995, c 11, §4]