Hawaii Revised Statutes 40-86 – Lapse of University of Hawaii appropriations
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Terms Used In Hawaii Revised Statutes 40-86
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
Upon the lapse of an appropriation to the University of Hawaii, moneys which remain unencumbered shall be returned to the state treasury within ninety days.