Hawaii Revised Statutes 27-5 – Modification to preserve federal aid or bond obligations
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Terms Used In Hawaii Revised Statutes 27-5
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The governor may, only to the extent necessary to preserve the receipt of any federal aid and not to impair the obligation of the State or counties to the holders of any bonds issued by the State or counties, modify the strict provisions of this chapter and shall promptly report any such modification with the governor’s reasons therefor to the succeeding legislature for review.