Hawaii Revised Statutes 102-6 – Deposits of legal tender, etc., to accompany bid
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If the bid deposit is in the form of a surety bond, it shall be issued in accordance with subsection (b).
Terms Used In Hawaii Revised Statutes 102-6
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
- National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC