§386A-8 - Termination and merger. - Hawaii Statutes

     [§386A-8]  Termination and merger.  (a)  The fund may be terminated only by law.

     (b)  Any assets remaining in the fund after the termination of the fund and any assets acquired or disbursed as a result of merger, consolidation, amalgamation, affiliation, exchange of credits, or otherwise, shall be used by the board solely for the purposes under this chapter and for administrative expenses incident thereto. [L 1985, c 296, pt of §11]